WE ARE A PARTNERSHIP FOR GROWTH

Embracing Negotiations for 2015-2021

West of Strategic Economic Plan 2015-2030 01 contents

Curriculum Vitae: Knowledge, Innovation, Quality of Life 03 Forewords by James Dyson and Colin Skellett 04 1 the Strategic Economic Plan 06 2 the City Region of Choice for a sustainable future 18 3 economic Strategy 24 4 local Growth Fund Deal Negotiations 31 5 Using our Levers of Growth 62 5.1 People – Knowledge Economy, Skills & Social Inclusion 63 5.2 Place & Infrastructure 70 5.3 Investment & Promotion 78 5.4 SME Business Support 82 6 implementation Plan 88 7 delivery Plan 96 8 evaluation Plan 106 Appendices 112 appendix 1: Six Year Plan for the Local Growth Fund 114 appendix 2: FE Capital Projects – a breakdown of individual proposals 116 appendix 3: Deadweight and displacement calculations 118 appendix 4: Pipeline of interventions for the Local Growth Fund 120 3-6 year programme appendix 5: The Process to identify Interventions for the 124 Local Growth Fund appendix 6: Shared Priority Investment Maps & Key 126 appendix 7: Full Business Case Template 138 Technical Supporting Documents available on the LEP website: www.westofenglandlep.co.uk/strategicplan 1 outline Business Cases for the Local Growth Fund current 2 year programme 2 leP Sector Prospectus 3 equality Impact Assessment Curriculum Vitae: Knowledge, Innovation, Quality of Life 02|03

Curriculum Vitae Knowledge, Innovation, Quality of Life

• Over one million people and growing Knowledge Quality of Life • An economy worth £25.5bn • Four world class universities • We are home to the UK’s only • £10bn annually to Treasury with 21 world leading academic World Heritage City – Bath departments Port • Whose people enjoy a high quality • Bristol is the European Green of life • Attract 73,295 students and £227m Capital 2015 (Centre of Excellence of External Research Funds in Green Technology) Bristol Bristol • That attracts, students, families Airport and businesses to the city-region • Five Further Education Colleges, • Areas of Outstanding with annual revenue of £200m, and Natural Beauty • Which is ready for more control over an Enterprise College focused on • Including a coastline that attracts local decision making to achieve its STEM agendas work closely with millions of visitors each year BATH growth potential for Europe, UK plc, business and its own people • Major tourism destinations WESTON- • And this helps to create a highly SUPER-MARE • Ambitious Growth Agenda skilled workforce • Cultural area of excellence – a • Clear governance arrangements vibrant international cultural scene Innovation • One Enterprise Zone and five • First wave of the Global Rockefeller Enterprise Areas • Our region has been on the leading Foundation 100 resilient Cities edge of innovation for centuries, programme • Transport schemes that will unlock we have world class offers in 20,000 jobs and generate £1.2bn design, culture, trade, shipping, GVA pa Population engineering, aerospace, micro- • Airport connecting to 100+ electronics, composites, robotics, destinations, winning ‘best business green technologies, social airport’ in the UK in 2012 enterprise, connectivity and 1.1m digital creativity • 42m people living within a 150 mile radius of Bristol Port which now • We are 1 (out of 2) Social Enterprise hosts cruise liners Cities, 2 (out of 9) hotspots for Creative Cities Economy (GVA) • High enterprise survival rate • Bristol & Bath Science Park, recognised as asset of ‘national £25bn importance’ and home to the National Composites Centre • 7th in FDI Magazines Top 25 European Regions of the future LONDON 1h 20 mins by train Forewords by James Dyson and Colin Skellett 04|05

An Economic Region Built on Success with Strong Momentum and Untapped Growth Potential

Pick up the newspaper and A number of trailblazing companies Liberating our main city regions We have prioritised five leading you might read that the Great have also chosen Bristol as their hub. is the best way to grow the sectors that have multiplier effects British spirit of invention is on Rolls Royce, BAE Systems, . economy and skills of people in on the rest of the economy. These the wane. It is true that we face The big names in the aerospace and UK plc. sectors identified 122 ways to a national shortage of 60,000 automotive industries are researching accelerate growth by addressing The West of England LEP, with 800 engineers and technologists exportable technology they can sell to market failures. We prioritised 34 of businesses, four unitary authorities, each year – but Edisonian spirit the world. Renishaw, the engineering these interventions based on their leading education institutions and the remains. The unsung centre of technology company, pours money ability to deliver value most quickly. voluntary sector actively engaged, engineering and invention is into research and development with We then held a public consultation has considered the whole of the West the South West. rigour, and recently won a Queen’s and around one hundred people and of England city region’s economy. Award for its multi-sensor scanning organisations formally responded. Bath and Bristol have a strong This Strategic Economic Plan is a systems. The links between university heritage of inventiveness. From stepping stone towards our 2030 The breadth and depth of participation research and industry here are strong Brunel’s railways and bridges to Vision. It outlines the optimal way for in shaping the city-region’s economy – and fruitful. – the South West has us to create jobs and growth locally, is unprecedented. The ability of public seen world changing innovation The West of England is home to two and it clarifies how Government can and private sector organisations to for hundreds of years. of the best engineering universities in help us achieve more. work together has broken new the world. World class research from ground. It is increasingly clear that This is not a thing of the past. It was the region is being shared worldwide. local governance, rather than central in Bath that I was given my first job Europe’s biggest robotics laboratory control, will do more to energise after university. Jeremy Fry tasked and the National Composites Centre our economy, to the benefit of me to work in a new direction, call the West of England home – both the local area and UK plc. inventing a high speed boat for his paving the way for the next company, Rotork. I invented the Sea I hope that by working together, technological breakthrough. Hundreds Truck and caught the engineering the transformational change of bright minds are pouring into the bug. I was hooked. thoughtfully developed in this region, and we must keep them here. plan, will be delivered. The West of England has the potential Colin Skellett, OBE to be a hotbed of invention. It should Chair WE LEP inspire young people and create technologies to export to the world. Let us be bold. Who is to say we cannot have English trains traversing the German countryside, and British engineers building power stations across the globe? We must develop technology of our own and be ambitious. A strong growth plan will ensure that our high quality graduates set up shop in , for example The unsung centre – creating the next Rolls-Royce here, The breadth and depth of rather than taking their expertise further afield. of engineering and Sir James Dyson participation in shaping invention is the the city-region’s economy South West is unprecedented 06|07 The West of England 1S trategic Economic Plan

Regional economies in England 1. Our Economic Strategy: Crucially we will leverage in additional are competing for a slice of £2 Including our Vision, our Story of Place private sector investment and other 1.2 Introduction billion pounds (per year between and analysis of our evidence base public sector resources that will 2015-2021) of Government funds (Section 1–3) be required to deliver our The government has four aims to help The West of England LEP was one of The West of England economy for economic development, transformational economic plan. 2. Growth Deal: Programme of the economy to grow: to create the the first to be established; built on a is worth £25.5bn per year. through their Local Enterprise interventions for the local growth Our plan has been prepared with most competitive tax system in the successful commitment to partnership Our population of just over a million Partnerships (LEPs). Each LEP is fund and freedoms and flexibilities the support of our local businesses, G20; to make the UK the best place and joint working that goes back is growing and is more educated producing a Strategic Economic sought through the local growth authorities, and education and skills in Europe to start, finance and grow several decades. Over 800 and skilled than the national average. Plan (SEP), which will be deal negotiations (Section 4) providers. We understand that the a business; to encourage investment businesses, civic societies and public We are large enough to contribute competitively assessed by the allocation of public funds needs to be and exports as a route to a more bodies, and thousands of people have some £10bn2 to the Treasury. We are Government in 2014 as part of 3. Delivering our Economic Plan: open and transparent and the balanced economy; and to create engaged with our LEP in its formative small enough to have a strong sense the negotiations on the Local Levers of growth to deliver our monitoring of results needs to be well a more educated workforce that years. The LEP covers a natural of local identity and community. Growth Deal. economic strategy, delivery designed and tight. Good governance is the most flexible inE urope. functional economic area comprising With more local control over public arrangements, governance, Strategic Economic Plans are will be evidenced by high levels of the Unitary Authorities of Bath and expenditure, we are confident and implementation plan and We note that the UK’s eight core-city expected to be much more than a participation and consultation. North East , Bristol, North motivated to work together to evaluation plan (Section 5–8). regions represent half the population bidding document. Evidence based Somerset and South . contribute even more. Our Plan has been developed through and generate almost half the national plans need to identify the best way Our proposals for the Local Growth These authorities have been working a combination of quantitative and economy, but control just 5% of tax Our Plan builds on the region’s rich to create sustainable economic Fund negotiation with Government in partnership for many years. The qualitative evidence gathering1, and revenue. We note the levels of heritage of international trade and growth and jobs. Bold plans will be is only part of the resources that will LEP’s spatial priorities align with the sense-checking with hundreds of LEP investment made in London over knowledge, innovation in design and transformational, identify distinctive, be pooled together to deliver our plan. statutory planning documents of the participants, at our conference and the last three decades, which 30 engineering. We have exceptional competitive, international Partnership working throughout the four Unitary Authorities, including at meetings with stakeholders. years ago was a city in decline quality of life provided to us by opportunities, and build on West of England economy is required Core Strategies (Local Plans) and We received around 100 responses to both economically and in terms a strong cultural sector and the a region’s strengths. to maximise resources. This goes the Joint Local Transport Plan. This our public consultation on a draft of of population. We celebrate the surrounding environment. Nine out beyond local government boundaries, Strategic Economic Plan also guides This document is the Strategic our Strategic Economic Plan which transformational success experienced of ten people who work here live here. involves business leaders and our European Structural Investment Economic Plan for the West of included an indicative programme by London and are confident we can This creates local dynamism and understands the role of schools, Fund Strategy (EU SIF), allocated for England. The document covers for the Local Growth Fund complement this. We believe that UK spill-over effects between various colleges and universities. the same geography. three parts: (16th December to 24th Jan 2014 plc will be served most sustainably, clusters, creating a ‘hot bed of www.westofenglandlep.co.uk). in the coming decades, by further innovation’. This is informed by our developing core city regions beyond four Universities, driven by small London. We have an important part and medium size companies, and to play in our country’s future success nurtured by our cultural industries. and we are ready. Online Response total consultation Private citizen category responses On behalf of an organisation Online response Offline response

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1 http://www.westofenglandlep.co.uk/about-us/economic-intelligence/evidence-for-sep 2 Centre for Cities ‘Accounting for Tax Contributions at sub-national level’ 2013, Published on the LEP Website 1 The West of England Strategic Economic Plan 08|09

Our economy is already Identifying the best strategy is only FIG 1 14 14 West of England map internationally competitive, the start. It has been crucial to 2 2 we have a strong economic base demonstrate how real market failures comprising over 50 sectors, and can be addressed with inspiring have enjoyed the successes brought interventions and investment 1 1 M5 M5 by economic growth. opportunities. This has required tough M48 M48 decisions on prioritisation and the With this success there have also been M4 M4 creation of a flexible and scalable 21 21 many challenges to address. Using a 22 22 delivery plan, with projects that make robust evidence based approach, we a difference in the first year, and the have identified sectors of the economy 15/20 15/20 tenth year. All aspects of our plan 16 16 where we are already strong both demonstrate value for money. M49 M49 nationally and internationally. These We have a track record of delivering sectors currently outperform the 17 17 as demonstrated by our ability to market, offer us the best opportunities deliver significant major transport for further medium-long term 19 19 investment of over £162 million3 over sustainable growth potential and 1 1 the last four years and nationally 18 18 M4 18M4 18 dovetail with national economic recognised assets such as the National priorities. M32 M32 Composites Centre and Engine Shed 19 19 2 2 within 10 months. 3 3 Deliverable interventions, that address market failures, will help us to grow our priority sectors at an accelerated pace, benefiting the people of the 20 20 West of England and UK plc. This Strategic Economic Plan contributes to our 2030 Vision for the area. It sets M5 M5 out our ambitions and how we want to strike a Growth Deal with Government and to attract investors from the private sector, to sustain and develop our ongoing success.

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J21 Enterprise Avonmouth/ Enterprise Bristol Temple South Bristol Bath City Emersons Green Key Area Area Quarter Riverside Enterprise Area Existing Focus on business Enterprise Area Focus on High Enterprise Zone Enterprise Area Focus on science based motorway services and food Focus on large scale Technology jobs Focus on creative/ Focus on media/ jobs local Authority Boundary technology manufacturing and media/microelectronics publishing New Jobs to 2030 distribution enterprize Zone enterprise Areas o ther Major 6,000– 7,000– 4,000– Employment Site 9,000 14,000 12,000 17,000 10,400 9,000 7,000 Jobs Jobs Jobs Jobs Jobs 3 GJreaterobs Bristol Bus Network £80m, BathJo Packagebs £27m, Weston Package £15m, Local Sustainable Transport Fund £40m 1 The West of England Strategic Economic Plan 10|11

1.3 West of England 2030 Vision

The West of England Vision An Economic Region Built on Success FIG 2 describes an area which is and and Delivering Success will continue to be one of the West of England Vision themes fastest growing sub-regions Our Vision is that by 2030 the • Easier local, national and in the Country. West of England will have: international travel, thanks to The Vision has been developed by consultation through our transport solutions that link communities, and has the full support of the Local Enterprise Our population has grown to 1.1 • One of Europe’s fastest growing communities to employment Partnership, individual business organisations, and all political million people, and our current share and most prosperous sub regions opportunities and local services, parties within the local authorities. This Strategic Economic Plan of national economic growth (GVA) is which has closed the gap between control and reduce congestion is a building block towards the fulfilment of the Vision. the highest of any core city region at disadvantaged and other and improve strategic connections 3.1%. Economic growth has provided communities – driven by major by road, rail and through Bristol many benefits to businesses and our developments in employment and Airport and Bristol Port. communities, and we recognise that government backed infrastructure growth must be managed sustainably. improvements in South Bristol and • Cultural attractions that are the The West of England Vision was . envy of competitor city regions created to give a strategic direction across Europe, making the West • A buoyant economy competing for how growth will be managed to of England the place of choice for internationally, based on everyone’s benefit. We recognise that talented, creative workers and investment by innovative, currently not everyone shares in the affluent visitors. knowledge-based businesses prosperity of economic growth and Expert Access to and a high level of graduate • Success secured in ways that are that there is a significant economic Advice Finance and vocational skills. energy efficient, protect air quality, brake applied by unemployment and minimize and manage waste and social exclusion. Whilst it may not be • A rising quality of life for all, protect and enhance the natural entirely within the gift of the LEP’s achieved by the promotion of Investment and Promotion and built environment. Strategic Economic Plan to solve this healthy lifestyles, access to better Rural complex issue, our plan sets out the quality healthcare, an upturn in • Built upon the benefits of its Economy contribution the LEP can make to the supply of affordable housing distinctive mix of urban and reducing social inequalities. of all types and the development rural areas. of sustainable communities. • Real influence with regional and national government, Foreign Investment Governance and by demonstrating vision and Leadership leadership and delivering Built Environment these achievements. and Infrastructure

Growth in jobs and Education, Skills productivity and Knowledge

Environmental Protection, Enhancement and Resilience Quality of Life, Wellbeing and Culture

Community and Accessibility and Social Inclusion Connectivity 1 The West of England Strategic Economic Plan 12|13

1.4 Strategic Objectives to achieve our Vision

The LEP will provide leadership Expected private sector leverage We have proposed a range of • Further education skills capital Create the right conditions for business to thrive. Give confidence and to proactively drive and deliver on our proposed programme of 34 interventions that address market projects to deliver fit for purpose certainty to our investors to attract and retain investment to stimulate sustainable economic growth 1 interventions through the local growth failures and include some ‘significant facilities and a complementary skills and incentivise growth. alongside enhanced quality of life fund is £218.4m with an average investment opportunities’ in our offer to enable the development capital in the West of England. Ensure a resilient economy, which operates within environmental return on investment of £3.40 per £1 Local Growth Fund bid at section of skills that employers need. Our objectives are to: spent. This should be seen alongside 4 including: 2 limits. That is a low carbon and resource efficient economy, increases • Business support to enable our other public match funding of £298.7m natural capital, and is proofed against future environmental, economic • Projects to realise new technologies businesses to access specialist and alongside private match of at and social shocks. for example in quantum computing, support and finance. least £5bn+ on our overall plan. robotics, renewable energy and Create places where people want to live and work, through delivery These interventions will deliver 25,591 • Inward Investment to market resource efficiency, food technology. 3 of cultural infrastructure and essential infrastructure, including net jobs and some £1.9 bn of GVA to our City-Region. broadband, transport and housing to unlock suitable locations • Further developing our key assets, our economy. • Transport and infrastructure for economic growth. e.g. Engine Shed, Bristol and Bath schemes to unlock our Enterprise Science Park. Shape the local workforce to provide people with skills that businesses Zone and Areas and other priority 4 need to succeed and that will provide them with job opportunities. • National Composites Centre and locations and reduce impacts of world class Advance Engineering growth ie congestion. Ensure all our communities share in the prosperity, health and and Aerospace offer. If these are agreed through our well-being and reduce the inequality gap. 5 Growth Deal, and building on what we are already delivering through our City Deal, we will be well placed to achieve our ambitions. 1.5 West of England LEP Ambition FIG 3 Our Strategic Economic Plan is Oxford Economics base line growth Our current programme and bid to programme of expenditure for local growth fund interventions ambitious. We are aiming for a projects 65,000 jobs and 2.6% the Local Growth Fund is for £90m level of funding from the Local GVA growth to 2030 in the West per annum for six years 2015-2021. Growth Fund that reflects our of England. This is less than our This is based on an £80m per annum Expenditure role as a key driver of national previously stated ambition of 95,000 programme with £10m over £120,000,000 growth and the scale of the jobs and 3.4% GVA growth by 2030. programming to ensure deliverability. challenges we face to manage We remain ambitious for higher We have focussed on 34 interventions that growth. levels of growth than our baseline. which can start to be delivered in £100,000,000 This depends in part on the level of our current two year programme for government funding in our investment 2015/16–2016/17. The initial two year £80,000,000 opportunities and the Government projects will require £222m funding working with us to deliver the freedom into the remaining years of the plan and flexibilities outlined in section 4. as shown in figure 3. We have also £60,000,000 identified a further pipeline of schemes which could come on stream from 2017/18; these total some £40,000,000 LGF Expenditure for current 6 year £128m and are listed at Appendix 4. programme of We are asking Government to £20,000,000 34 interventions recognise our six year plan and 3-6 year pipeline commit to a longer term profile of of schemes spend to enable us to deliver our £0 ambitious programme. 15/16 16/17 17/18 18/19 19/20 20/21 Spend Year 1 The West of England Strategic Economic Plan 14|15

1.6 Pooling Resources 1.7 Leadership

To create flexibility to deliver our The diagram shows the context of the We have also worked with key delivery To take forward and fully exploit The LEP Board brings together the the active participation of business. overall investment programme Local Growth Fund alongside the West agencies to align our programme to the opportunities and flexibilities four Council Leaders with world class Joint Leaders coming together in this we are asking Government to of England’s proactive efforts to bring forward our shared priorities, identified in this Strategic representatives from international and way will ensure continuity and binding assist us in longer term leverage investment to our area. including schemes which are large Economic Plan requires strong local businesses and higher education. decisions. This model is shown in investment planning. in scale and require a collaborative governance and the ability The Board has been meeting formally figure 5 and described in more detail This is combined with £500m through approach to funding. These include to make timely, binding and since April 2011, successfully driving in section 6 of the Plan. In return we will pool our resources our Economic Development Fund, and schemes which do not currently have difficult decisions. forward the shared vision for including the Local Growth Fund £56m initial investment through the We have created a single West of sufficient funding identified such as economic growth including the alongside the EU SIF; our City Deal; Revolving Infrastructure Fund. The We have well established and robust England Investment Board including Bristol Temple Meads redevelopment identification of our Enterprise Zone our Major Schemes programme; our Public Sector in addition to the plans arrangements for joint governance representatives from business and (some £170m), M49 Junction (£25m) and Areas and leading our City Deal Revolving Infrastructure Fund; other of delivery agencies are matching this built around a LEP Board and a local authorities (and wider interest for and flood mitigation in Central Bristol negotiations with Government. potential public funding sources, funding with public land. This series of authority or business led EU SIF) to oversee the Local Growth (£100m+) and Avonmouth/Severnside and the leverage of private sector demonstrates the capability of West Committees, Boards or Groups Notwithstanding these firm Fund/EU SIF and other related (£35m). investment this allows. of England to leverage in resources. with remits that include transport, foundations we recognise we must funding, and monitor and steer the planning, skills, inward investment continue to move forward with joint implementation of the interventions. and our key sectors. These all governance to seize these new In addition to the Joint Leaders operate with boundaries which are opportunities. The model of Committee we will strengthen our coterminous with the West of England governance that the LEP Board current joint authority Planning, geography, embracing the four have identified best fits the nature of Housing and Communities Board unitary authorities and reflecting decision making required to oversee (PHCB) to become a formally our natural economic area. the SEP programme of activities constituted Committee, mirroring FIG 4 is a Joint Leaders Committee. existing arrangements in place for Strategic Economic Plan resources This will provide transparency and transport, thus formalising the duty accountability for key strategic to cooperate obligations. decisions on the use of public money, whilst allowing the LEP Board to STRATEGIC ECONOMIC PLAN continue to function and provide streamlined decision making with

Local Growth Fund

MetroBus Local Direct Direct FIG 5 and Metro Growth Fund Public Private West of England LEP Governance arrangements West Match Match

£300m £540m £400m £200m Joint Leaders Committee LEP Board business advisory group

Revolving Economic EU SIF Other Public Other Private Local Joint Planning, West of LEP nominations Infrastructure Development Funds Funds Transport Transport Housing & England executive committee Body Board Executive Communities Investment Fund Fund HA Construction Committee Committee Board DEFRA at EZ/EAS sector groups Network Rail Housing HCA Development Local Council Utilities £56m £500m £59m £1bn+ £5bn+ Joint Scrutiny Committee Existing Planned 1 The West of England Strategic Economic Plan 16|17

Employment Sites and In particular we support the specific It will be important that the Hinkley 1.8 Working across local boundaries Supply Chain Development geographic opportunity provided at Supply Chain Enabling Team develops We support the need to maximise the J21 Enterprise Area which along with close and integrated working with our and with other LEPs role of our existing West of England the other four Enterprise Areas and dedicated Invest in Bristol and Bath Enterprise Zone and Areas to support Temple Quarter Enterprise Zone Investment and Development service the development and property needs provide readily available investment and our four Local Authority Economic For the West of England disruption to The current SEP skills plans and Transport of the Hinkley supply chain. opportunities. Development Services which support Bristol to London Paddington capital bids support the development We are committed to working the service together with UKTI. services caused by flooding in needs of this specific workforce and together to ensure that the strategic Chipping Sodbury tunnel is of create flexibility to meet current and Figure 6 illustrates our cross boundary issues for the West of England are great concern. future demands of this evolving FIG 6 working opportunities with other LEPs. addressed in a genuinely joined- sector. Comprehensive collaboration Further information is at section Cross boundary working with LEPs up-way. Our shared priorities for and development of skills 5.2 Place and Infrastructure. transport with our neighbouring LEPs programmes has been commissioned include electrification of the Great by the core education colleges West of England LEP Western Mainline, building and New Nuclear spanning both areas. The capital bids investing in rail resilience and At the Franco-British summit in focusing on future technology, hi tech ensuring a strategic approach with Catapult Centres London January Prime Minister David and engineering will support these the Highways Agency to the strategic and Solihull LEP Cameron and President Francois key regional developments. Due to its road network. Glasgow Rail resilience including electrification Hollande restated the crucial role of proximity to Hinkley, Weston College London Finance and professional services Working with the Heart of the South nuclear power to both countries and including the North Somerset Creative – BBC ‘golden triangle’ West LEP we will support the further underlined the importance of creating Enterprise and Technical College will Science Cities Catapult centre extension of electrification from a skilled workforce to the development provide accessible support to the skills Greater LEP Weston-super-Mare to and of nuclear industries in Britain and requirement as well as acting as a Birmingham and Solihull LEP gFirst LEP Nottingham LEP for Intercity Express Project France. The declaration, which comes catalyst to business development Oldbury Power Station York LEP Skills and local electric train services. This ahead of national leaders’ discussions within the J21 Enterprise Area and the Newcastle LEP will improve connectivity and faster over the EU’s 2030 energy and climate creation of a new HE centre in Weston iNets WEAF journey times to the South West. policy framework, reiterates the two super Mare. Aerospace Cotswolds Governments’ shared view that North West Aerospace Alliance – Through the new Great Western We also have the Oldbury nuclear power has a critical role to LEP Franchise we will work with our development project to the North Swindon and LEP play in a cost-effective low carbon WEAF – gFirst LEP and Heart of the neighbouring LEPs, Heart of the of our sub-region. We will build on M4 corridor transition. South West LEP Rail resilience including electrification South West, Gloucestershire, Swindon this cluster, strengthened by our UK Advanced Technical Institute – and Wiltshire and Oxfordshire, and The West of England with its strong developments in robotics, our low MetroWest South East LEP Catapult Centre the train operating companies, on low-carbon agenda and strength of carbon agenda, marine renewables, Creative Skills extending services to , Higher and Further Educational our skills plan and our future Robotics Taunton, the West Wiltshire towns provision is uniquely placed to transport schemes. BBC Golden Triangle – and Oxford. The importance to the maximise the benefits of new nuclear Manchester-London-Bristol Employment and Skills CreaTech – Coast To Capital LEP Heart of the South West LEP regional economy of the to to the regional and national We believe the employment Hinkley Power Station Bristol to Portsmouth route and the economies. The opportunity (hosting some 25,000 Marine Energy Park / Skills Marine Energy Park need for enhancements is recognised. through its academic role in nuclear jobs during the construction period Offshore Renewables As part of the Hinkley development technology has developed a strong Heart of the South West LEP iNets and 900 during future operation) will WEAF and to maximise access and relationship with major nuclear energy require a significant supply of skilled and LEP Pentland Firth and Orkeny Waters Mendips sustainable travel we will support the provider EDF. They are jointly to and semi skilled employees from Heart of the South West LEP’s ask for develop the South West Nuclear Glasgow SETSquared Partnership the West of England labour market. Low Carbon South West 2-3 trains per hour between Bristol, Research Hub operating from the The aspiration to deliver 34% of the RegenSW Weston-super-Mare, Taunton and University. This provides a platform Hinkley Point C workforce from within SETSquared Partnership Exeter whilst maintaining half hourly to further develop both research and a 90 minute commute zone requires Solent LEP Cambridge LEP services to all local West of England business enterprise opportunities. the need for a strategic approach to Enterprise M3 LEP High Tech stations. Co-ordinated by the Hinkley Point both employment support and future Heart of the South West LEP The rail network is vulnerable to Training Agency a coalition of Further skills provision which is coordinated Low Carbon South West / Wales with the West of England Skills Plan. adverse weather conditions and and Higher Education (HE) providers RegenSW M4 Corridor particularly flooding so with our within the area will ensure the region Cornwall and Rail resilience including electrification neighbouring LEPs we support the benefits from a strategic skills focus. Isles of Scilly LEP Offshore renewables Network Rail investment to reduce Heart of the South West LEP the impact of events and provide where possible alternative routes. 18|19 the City Region of Choice 2for a sustainable future 2.1 An Economic Contributor 2.3 Quality of Life Capital

The West of England economy We are a city region of 1.1m people We are the place for investing in Our natural environment, We are a centre for arts and cultural Strong Visitor Economy: The is worth £25.5bn per year. that includes both dynamic urban sustainable economic growth, world-class heritage and cultural attractions, to suit a wide range of creative sector alongside our unique We are large enough to and beautiful rural. driven by knowledge and innovation, attractions, form the basis of tastes, including producing theatres, natural environment, heritage and contribute some £10bn4 to the underpinned by our green credentials the exceptional quality of life in museums, and galleries. International cultural vibrancy of Bristol, Bath and In Bristol and Bath, we combine the Treasury. We will focus our and supported by our lifestyle and the West of England, which is a cultural events include: Bath Music Weston-super-Mare underpins the leading Core City of the UK & EU efforts around increasing this culture. fundamental reason why people and Literature Festival, Bristol West of England as a major visitor Green Capital for 2015 with World contribution, by building on our want to visit, live, work and International Balloon Fiesta, Bristol destination for city, coast and Heritage status. A 10-minute train strengths and addressing our invest here. Harbour Festival, Festival of Ideas, countryside. ride links Bristol’s Enterprise Zone weaknesses. , the Organic Food with Bath’s Enterprise Area. Our plan reflects the need for Natural Environment: We have rich Festival, and events on Weston Beach balanced, sustainable economic and varied landscapes across coastal, including South West Live, Red Bull growth that further develops this rural and urban areas. International Pro National Motor Cross and differentiating quality of life. Key and National designations including airshows. Culture is important in to this is improving the physical and the World Heritage City of Bath, the our place making and marketing. cultural infrastructure of the West , the and Many of the major ‘brands’ which are of England to keep pace with the Cotswold Areas of Outstanding associated with the West of England pressures of growth. Natural Beauty and numerous are from cultural and creative European Sites of Special Interest. 2.2 Knowledge Driven Innovation Lifestyle and Culture: A critical industries: Bath’s Roman Baths; The Gorge is one of the four dimension of our long trend Brunel’s SS Great Britain; Weston most significant botanical sites in the performance compared to other Pier; several notable National Trust With knowledge driven Our legacy of innovation: Our These clusters of innovative sectors UK. These internationally renowned English cities is our ability to innovate properties; ; Bath innovation comes the story is a compelling narrative, we provide opportunities for public money landscapes also provide us with a through crossing boundaries between Festivals; Wildscreen Festival; opportunity of enterprise and have a legacy of innovation that we to act as a catalyst to leverage in range of vital ‘ecosystem services’, sector, technology and institution. Aardman Animations; and street high quality jobs. Combined with will build on with a transformational private sector investment particularly that serve wider economic benefits. We deliver rapid development through art championed by . There is the quality of life that may be agenda to realise our full economic in Research and Development. These include flood defences, a network knowledge base fostered currently a lack of international level enjoyed here, we are the place potential and build a resilient cleansing air and water of pollution, Exploiting the educational excellence through our cultural hubs. We sports and concert venues compared that attracts professionals and sustainable future. crop pollination, carbon sequestration, in our academic institutions to drive are regularly ahead of the curve. to Cardiff, Manchester, Birmingham their families. Many people want climate regulation, noise mitigation, We are a city-region with strongly commercialisation of research and Lifestyle and culture are what and London. Plans to address this to visit, live and work in the West supporting biodiversity through embedded sector specialisms, that business innovation is a key focus of really differentiate us; it’s why talent include: Bristol Arena a large-scale of England and business want to habitat provision, as well as cannot simply be ‘created’ or bought. our Strategic Economic Plan. Further gravitates to us, it’s why a small city indoor entertainment venue, of invest here. supporting human health and well- The West of England has particularly information is at section 3 of our plan. region punches above its weight, it’s 12,000 capacity, due to be located being. Foundation work under the The biggest economic asset we have strong and well established sectors of why our offer is international, and it’s adjacent to Temple Meads railway heading of ‘Pathways to Prosperity’ is the knowledge capital of our people. the economy such as Advanced what gives us strategic advantage. station in central Bristol; a 21,700 has examined the direct vulnerabilities We have four world class universities Engineering and Aerospace, High seater stadium, the new home of of the existing economy and its with 21 world leading academic Tech, Creative & Digital Media, Low the Bristol Rovers football club transition to a low carbon economy. departments. These institutions Carbon and Professional Services. in ; and the Further work around wider resilience attract and retain talent and help to They are the results of a long legacy redevelopment of Bristol City football themes: peak oil and food systems develop clusters around high growth of innovation and skills being club at Ashton Gate in Bristol. and knowledge intensive sectors. Our developed over many years. planning is also underway. Further Education college train and We cannot afford to be complacent, equip thousands of people each year. we must continue to invest in the trade and supply chains that support these sectors to ensure we remain globally competitive.

4 Centre for Cities ‘Accounting for Tax Contributions at sub-national level’ 2013, Published on the LEP Website 2 the City Region of Choice for a sustainable future 20|21

Green Capital and green the Environment Agency National Thatchers Cider; and Butcombe technology: We have green headquarters, and DEFRA’s national and micro-breweries. We have a 2.5 Opportunities and Challenges credentials that represent a distinctive biodiversity and conservation Team. concentration of SME businesses capability and draw which has helped Some of the UKs leading recovery that use locally sourced produce, – SWOT Analysis to promote the area as a centre of facilities are clustered at Avonmouth/ and social enterprises focussed on excellence in green technology. Bristol Servernside, we are ahead of most growing the skills of mainstream and will be the European Green Capital in European Cities in diverting waste marginalised employees through Strengths 2015. Our green credentials contribute away from landfill. innovation in the local food supply • A large and highly skilled workforce, • International offer – sites such as • Two creative cities, and social to a large and growing cluster of chain. For many this emerging local Local food systems: We are a with 38.6% of the working age the Temple Quarter Enterprise enterprise cities. leading environment organisations food supply chain, improves their recognised leader within the UK in population educated to NVQ level Zone and Enterprise Areas. in the private, public and voluntary quality of life, and boosts the local • Two SETsquared Business innovative food-related programmes 4 or higher. Ranking 7th (excluding sectors based here. These include economy. • Enterprise Survival rate of 61.0%, Incubation Centres, part of a linking demand and supply at the London) out of all the LEP areas. international consultancies, and higher than that for England as partnership of 5 successful local level. Our local food credentials many leading environmental NGOs • 3rd highest percentage of a whole. business incubators that form are strong with a concentration of employees in the knowledge the most successful non-US such as the Soil Association, the • Four Universities from a full sustainable food business, including: economy (excluding London), business incubator in the world. Sustainable Food Trust, Sustrans, spectrum of mission groups Yeo Valley Organic and Pukka Herbs; with 24% of employees producing over 10,000 graduates • The South West represents the compared to 19% for England. a year, world class research largest cluster of Aerospace • 3.7% of employees in high and generates some £227 million Industry in the UK, the West medium technology manufacturing of External Research Income. of England, is the engine of this 2.4 Social Inclusion compared to 3.2% nationally. Strongly engaged with the business cluster. sector. Bristol & Bath acknowledged • 48% of West of England workplace • Outstanding Quality of Life, as leading research intensive Despite the area’s increasing Analysis of start-up data, shows Local skills partnerships have been employees are managers, directors attractive environment and good universities; UWE & Bath Spa prosperity in recent years the uneven distribution of start up developing new and better ways of and senior officials; in professional amenities of the West of England. recognised for their teaching West of England still has a activity. Across the West of England tackling these issues. Higher and occupations; or associate excellence. • Two Areas of Outstanding Natural professional & technical significant number of localities there are 120 super output areas in Further Education is committed to Beauty and a strong rural and occupations, compared to • Five Further Education Colleges and groups experiencing high the worst 30% in the country. opening up pathways and widening visitor economy, including a World 44% nationally. together with an Enterprise College levels of deprivation and These areas have lower levels of participation of under-represented Heritage City. The West of England focused on STEM agendas and underrepresentation of key entrepreneurship. There are around groups. We recognise the power of • The scale and diversity of the local Local Nature Partnership a University Technical college. groups in enterprise. This 3 times more business start-ups in the enterprise, self-employment and economy, and the predominance supporting this agenda. includes wards with inter- least disadvantage quartile of the IMD start-up activities in providing local of growing industries. • Bristol Robotics Laboratory (BRL) • Agreement on strategic generational worklessness, compared to the most disadvantaged people with the skills, knowledge and one of the largest in Europe. with extensively documented quartile. There are 17 wards with finance they need to build successful • Good connectivity – ease of travel infrastructure investment bringing bad-health effects. Specific start-up densities less than two thirds businesses. We will use our European and accessibility to London and the • The Academic Health Science certainty to future developments. South East. Major airport and Port, Network (AHSN), hosted in Bath, groups are under-represented the average in the West of England. programmes of activity to target • Robust joint governance rail and strategic road network, chaired by UWE. in enterprise including ethnic These areas face additional physical actions to strengthen local economies arrangements focussed enabling access to global mass minorities, women, disabled barriers to employment and and increase entrepreneurial activity • Bristol & Bath Science Park, on delivery. markets. people, young people and enterprise including transport and to rebalance the West of England recognised as asset of ‘national older people. digital connectivity. economy. importance’ and home to the In total, there are 28 wards with The main out-of-work benefits in the National Composites Centre. significantly above average workless West of England in 2011/25 totalled people. Well documented barriers some £198.7 Million. This is an increase to employment remain education, of 111% from 2000/01 compared with lack of employability skills, disability, national changes of 71%. Most of the childcare, debt, digital exclusion increase in our area (67%) occurred and English for Speakers of Other from 2006/7. This suggests that West Languages (ESOL). Self-employment of England faired relatively less well provides employment opportunities following recession, as measured by for those otherwise excluded from the out-of-work benefit bill. There is the labour market. net benefit to be gained through reducing the costs of an area in terms of its ‘benefit take’ as more residents are moved away from benefit reliance and more towards self-reliance. 5 Department of Work and Pensions (DWP) data job seekers allowance (JSA) and Employment Support allowance/ Income Based JSA. 2 the City Region of Choice for a sustainable future 22|23

weaknesses threats • Pockets of low-level skills, economic • High house prices (one of the • Imperfect information for small • Risk of losing key sector industries • Without the financial incentive, • Loss of low value industrial and inactivity and poor educational highest in the country outside businesses on commercialisation to other areas e.g the movement and or the auxiliary business commercial sites to higher value attainment amongst some local London) and shortages of housing and social innovation. of TV production to Cardiff, the skills to support their innovation, land use. communities leading to social especially affordable units, intellectual and knowledge centre entrepreneurs and businesses • Access to finance for small • Improvements in connectivity exclusion. exacerbated by high levels of Marine technology to South simply do not innovate their businesses and individual between London and other parts of growth. Korea and France. products/services. • A mismatch between skills entrepreneurs to develop of UK potential detriment to West provision and employment • Large proportion of the workforce is and commercialise. • Further polarisation between • Entrepreneurs and businesses go of England (i.e HS2, expansion of opportunities in growth sectors. employed in the public sector which communities, and the growing elsewhere to innovate and develop airport capacity in the South East). • Imperfect information on the is facing continuing expenditure disparities. A significant economic and commercialise their products/ • Rising congestion within the West of opportunity to invest amongst • Globalisation and loss of jobs and cuts and downsizing. brake applied by unemployment services. England and on key routes to other potential investors. investment in lower cost locations. and economic exclusion. Financial regions, and the potential for harm • Inadequate regional – scale leisure, • Climate change and the need to implications to readdress. to the environment exacerbated cultural and sporting facilities. ensure mitigation and adaptation by high levels of growth. • Loss of inward investment to for a resilient future. Priority growth areas of competition, potential locations have flood risk issues. implications for maintaining anchor Large scale solutions will need to Opportunities businesses and other growing be found. businesses. • Implementation of the five major • Develop further and forge even • Underdevelopment of intellectual • Inability to deliver on ambition transport schemes, MetroWest and stronger linkages between higher property. Enterprise M3 LEP, • Rapid growth has potential to before the opportunities are the electrification of the railway in education providers and businesses Greater Cambridge & Greater exacerbate unsustainable realised by other LEPs or 2017 to enhance connectivity to especially in relation to start-ups Peterborough LEP and Oxfordshire commuting patterns, and cause European/Global regions. London. and SMEs. LEP each had more than 46 patents labour shortages in some localities. • Wider issues that contribute to per 100,000 population in 2009, May lead to rising house prices, • Building upon the excellent existing • To successfully capture the impact social exclusion and limit access to almost double the WE rate due causing issues for those in lower low carbon technology and services major developments at the airport employment opportunities such as to minimal spin-out activity. paid jobs if not managed and within the region to ensure that the and port can have at meeting the cost of childcare provision, Living mitigated against by a plan-led European Green Capital year acts investment and jobs targets. • Promote the success stories and Wage and flexible working as a global springboard for the WE opportunities for sustainable approach. • Environmental assets to assist in protocols. and for UK plc. economic development across adapting to climate change and as the WE to ensure our cultural and • Successfully develop the exciting drivers of growth e.g. Energy from environmental assets are protected opportunities within the Enterprise the Severn, and Marine renewable and continue to attract investment. Zone and Enterprise Areas whilst technology. continuing to support and promote • Nuclear developments at Hinkley other key strategic business in Somerset and Oldbury in South locations. Gloucestershire. • Grow and support ‘anchor • Inward investment to attract businesses’ and SMEs within the further commercial research West of England particularly facilities and global businesses. exploiting our competitive edge in innovation and the specialist • Further explore the skills agenda opportunities our priority sectors from schools and Further Education provide. by expanding their skills bases and curriculum ranges. 24|25 e conomic 3Strategy summary 3.1 Working Smart

Our Economic Strategy is a High Tech; Creative & Digital growth: place & infrastructure; people Smart specialisation focuses on Why is smart specialisation This approach works well in the West smart approach, where we focus Industries and Low Carbon. The fifth and skills; investment and promotion; key enabling technologies. We the right approach in the of England because of the levels of on a limited number of activities priority is Professional Services in and SME business support. We expect have identified sector-based West of England? educational attainment in the that will deliver the best results. recognition of its contribution to all other sectors of the economy to priorities of particular relevance population, and the size of the of our sectors as a pillar of growth. benefit from multiplier effects, as we to the West of England, building The role of innovation in smart economic area, which is big enough to Our economic evidence-base points to By developing smart specialisation flourish in doing what we do best. on the ‘eight great technologies’, specialisation is key, as is knowledge have scale, but small enough to make five priority growth sectors where the in these sectors, we expect to More information on investment the Government’s Industrial creation and utilisation, investment in cross-fertilisation across sectors and West of England has a sustainable outperform the market as a whole, opportunities in these areas are set Strategy Sectors, TSB priorities skills and human capital, and the role clusters part of our everyday culture. international comparative advantage. in the medium-to-long term. We will out in our local growth fund bid at and technology clusters of agglomeration, clusters, networks Four of these are: Advanced support growth in all our sectors by section 4. identified by the Government and ‘knowledge spill-overs’. These Engineering and Aerospace; investing in well-evidenced levers of Office for Science in Technology capitalise on the unique characteristic and Innovation Futures. assets of the West of England: FIG 7 Alongside this, we see an knowledge, innovation and quality important need for both inward of life, to create virtuous circles of Vision Themes and our Drivers of Productivity investment and export-driven learning, knowledge sharing, growth as key strands of the innovation and growth. overall strategy. business supp sme ort

N IO T O FIG 8 M O R Expert Access to Our Economic Strategy P d Advice Finance n a t n e Investment and m Promotion five priority sectors t Rural s Economy e

v

n i Creative Advanced & Digital Low High Tech Engineering Professional Governance and Foreign P Media Carbon Industries & Aerospace Services Leadership L

Investment A C

Built Environment E

and Infrastructure A

N

D

I

N

F R levers of Growth

Education, Skills Growth in jobs and A S

and Knowledge productivity T

R

U

C

Environmental Protection, T

U

Enhancement and R Skills Investment Place & Business

E

s Resilience

l & People & Promotion Infrastructure Support SMEs

l

i Quality of Life,

k

s

Wellbeing and

d

n Culture

a

e

l

p Community and Accessibility and Spatial focus

o

e p Social Inclusion Connectivity

Bristol Temple Avonmouth Emersons Bath City J21 Quarter Severnside Filton Green Riverside Enterprise Enterprise Enterprise Enterprise Enterprise Enterprise Area Zone Area Area Area Area 3 Economic strategy 26|27

3.2 Why are our priorities optimal? 3.3 Additional benefits from investing

Positive employment quotients (figure in our priority sectors 9), show that we have strong clusters of employment, above the national Our priority five sectors have ‘Volume’ growth sectors The great majority of employment average, in the five sectors. These been selected because of their opportunities are vacancies generated sectors (with the exception of prospects for continued strong There will be job growth in other by turnover in the current labour Low Carbon) have all experienced growth and opportunity to sectors as well – for example tourism, force. A wide range of partners and significant growth in the amount increase productivity. They construction, health, warehousing and stakeholders have a key role in of GVA generated per FTE between also demonstrate the greatest logistics which all provide a significant enabling and encouraging individuals 1998 and 2010. added value to the economy. volume of jobs growth in the West of to take up these opportunities. The As evidence of this the ranking England. These will be aided by LEP LEP will contribute to this through our tables (figures 10 and 11) set out investment in our levers of growth. overall Skills Strategy and its EU SIF the additional economic benefits These are drivers of productivity strategy. We will focus on identifying of an extra 100 FTE jobs per and have the ability to provide pathways into the high skill, sector across the wider West transformational change to an knowledge economy through skills of England Economy. area and assist in the delivery development and widening access FIG 9 of our LEP Vision. and opportunity that will become West of England evidence to inform priority sectors Our LEP ‘Sector Prospectus’ contains our distinctive competence. This will information on all of our sectors and support work in areas of low skill level, their contribution to our economy. unemployment and social inclusion In GVA (£m) GVA per FTE Employment EQ exc London Priority Employment 2010 % Change Quotient (EQ) 2012 We make a distinction between high focusing on deprived areas such as 2012 1998–2010 2012 growth in employment opportunities South Bristol. Adv Engineering and growing the distinctive smart & Aerospace 23,400 £1,039.8 68.1% 1.4 1.3 Yes specialisation of the region as the latter increases productivity. Both Professional Services 52,700 £4,020 70.9% 1.1 1.5 Yes are important to delivering our Creative and Digital1 15,900 £658.5 89.7% 1.0 1.4 Yes growth ambitions. High Tech 16,400 £162.5 391.5% 1.1 1.1 Yes Low Carbon5 5,900 £333 13.3% 1.1 1.0 Yes Construction 24,700 £1,444 72.9% 1.0 0.9 No Retail2 82,900 £2,381.3 51.8% 1.0 0.9 FIG 10 & 11 Retail 55,900 £1,303 59.2% 1.0 1.0 No West of England evidence to inform priority sectors Wholesale 2 7, 0 0 £1,078 4 4.1% 0.8 0.8 Visitor Economy 111,200 £2,174 43.9% 1.0 1.0 Initial Effects Total Impact of Change Tourism 55,300 £871 25.9% 1.0 1.0 GVA Rank GVA / Rank FTE Rank GVA Rank GVA / Rank Retail3 55,900 £1,303 59.2% 1.0 1.0 No SECTOr £m FTE £m FTE £000s £000s Visitor Economy exc 109,500 £2,124 43.6% 1.0 1.0 4 Adv Engineering Creative sub sector 6.0 5 60.1 5 182 3 9.4 4-5 51.8 5 & Aerospace Distribution See retail See retail See retail See retail See retail No Creative and Digital 6.6 4 66.4 4 172 6 9.4 4-5 55.1 4 NB No comparable data for Rural and Social Enterprise available Construction 5.0 6 50.2 6 189 1 8.7 6 46.1 6 1 There is significant cross over between Creative and High Tech with SIC 62.02 for the purposes of this exercise employment in this SIC has been counted under High Tech. Professional Services 7.0 3 70.2 3 180 4 10.4 3 5 7.9 3 2 Including wholesale. High Tech 8.4 2 84.1 2 183 2 11.9 2 64.6 2 3 Retail excludes wholesale. Low Carbon 10.5 1 105.0 1 177 5 14.0 1 78.8 1 4 This has been removed as it has also been counted under the creative sector. 5 based on SIC code definitions of waste and water management due to the emerging nature of the sector. Numbers will be higher Retail 3.0 8 30.4 8 134 8 4.5 8 33.8 7-8 Tourism 3.1 7 30.6 7 154 7 5.2 7 33.8 7-8 3 Economic strategy 28|29

3.4 The role of our Enterprise Zone and Areas

Central to delivering our economic strategy is the successful delivery of our Enterprise Zone and Enterprise Areas (Figure 12). They provide a major role in creating the right conditions for business to thrive.

FIG 12 14 14 our enterprise zone & enterprise areas 2 2

1 1 M5 M5 Avonmouth/Severnside Enterprise Area M48 M48 Filton Enterprise Area M4 M4 • Distribution and manufacturing • Avonmouth is the closest port to 21 21 • Advanced engineering and • 7,000 to 12,000 jobs in focus the main centres of UK population 22 22 aerospace focus the next 10-12 years – 45m people live within a radius • 18,000 hectare site • 100 hectare of developable • Home to key companies such of 300 kilometres 15/20 15/20 16 16 employment land as Airbus, Rolls-Royce and • 6,000–14,000 jobs in the next • 650 hectares of developable land M49 M49 GKN 10-12 years 17 17 • Internationally significant scale Emersons Green Enterprise Area 19 19 1 1 • Technology focus • Further 20 hectares nearby 18 18 M4 M4 18 18 earmarked for development • 45 hectare site M32 M32 • 90,000 sqm within five years, 19 19 2 2 • 4,000 – 7,000 new jobs 180,000 sqm within ten years MetroWestMetroW rail est rail 3 Metrobus3 Metrobus • Includes Science Park and J21 Enterprise Area improvementsimprovements National Composites Centre • Hub for Business, Legal and • Future technology centre, Key

Professional Services, and supplier of services to Hinkley Point 20 20 Bath City Riverside Enterprise Area research and development • £375 million of GVA uplift in food technology • Creative, microelectronics and • 3,600 new homes • £1,343 million Gross high value engineering focus • 9,000 jobs South South • In a World Heritage City Development Value M5 M5 BristolBristol • 98 hectare site • 6,000 new homes • £400 million of GVA uplift • 9,000 jobs

21 21

South bristol Bristol Temple Quarter Enterprise Zone • 10,400 jobs • Creative, technology, • 17,000 jobs communications, financial • Manufacturing and Construction • Major transformational agenda and professional services and including new station at Temple software companies focus Meads and a 12,000 seat arena 30|31 Local Growth Fund 4 Deal Negotiations summary 4.2 Alignment with other programmes This section sets out our bid of We have focussed on 34 interventions of 34 interventions through the local £90m per annum for six years which can start to be delivered in growth fund is £218.4m with an EU SIF, EDF, RIF 2015-2021 to the Local Growth our current two year programme for average return on investment of £3.40 Fund and the freedom and 2015/16–2016/17 at £90m per annum. per £1 spent. This should be seen flexibilities that are sought The initial two year projects will alongside other public match funding We have prioritised a current two through the Growth Deal require a further £222m funding into of £298.7m and alongside private year programme for the Local Growth Negotiations with Government. the remaining years of the plan. We match of at least £5bn+ on our overall Fund. These have been chosen We are asking Government to have also identified a further pipeline plan. Additional benefits include some because they align with our other recognise our six year plan and of schemes which could come on £1.9bn of GVA to our economy, programmes of activity and enable commit to a longer term profile stream from 2017/18, these total accelerated delivery of homes, us to maximise our investment so that of spend to enable us to deliver some £128m and are listed at businesses assisted through business it is greater than a sum of the parts. our ambitious programme. Appendix 4. Investment in our 1-2 support measures, and wider socio- year programme of interventions is economic benefits that will help us to expected to deliver 25,591 net jobs deliver our LEP Vision. These wider by 20217. Expected private sector success measures are set out at leverage on our proposed programme section 8.

4.1 Our Approach to identifying market failures and investment opportunities for the Local Growth Fund FIG 13 Strategic Economic Plan alignment with other programmes Using our evidence base and the including the priorities of our sector be taken forward subject to Full knowledge and expertise of our groups, local authority partners and Business Cases. The delivery of these partners we have identified the Local Transport Body. We used projects will be monitored to ensure STRATEGIC ECONOMIC PLAN market failures or gaps that need a filter to assess the interventions. the stated project outputs are to be addressed across the West Further details on this process are delivered. of England to deliver economic in Appendix 5. We have developed a pipeline of growth. To address these issues From this process, clusters of activity interventions for years 3-6 of the we have identified interventions Local Growth Fund that have synergies between or across Local Growth Fund programme. which use our levers of growth, sectors have been identified. A These are at Appendix 4. and our priority sectors and MetroBus Local Direct Direct current 2 year programme 2015–2016 which offer ‘game changing’ New or further refined proposals will and Metro Growth Fund Public Private has been built encompassing the investment opportunities. This be considered if they meet the key West Match Match interventions which have the greatest section sets out this evidence aims of the approved SEP and could potential to create jobs. Our £300m £540m £400m £200m based approach for each of our enter the indicative programme of programme was approved by the priority sectors and levers of proposals which will be regularly LEP Board on 13th March 2014, and is growth. reviewed. This will ensure the our bid to the Local Growth Fund (see strongest proposals come forward Our process was inclusive inviting section 4.2). Outline Business Cases and take advantage of any changes stakeholders to come forward with have been developed for each of our to the previous programme, such as Revolving Economic EU SIF Other Public Other Private interventions to address market interventions (Supporting Technical if additional funds become available Infrastructure Development Funds Funds failures. We considered interventions Document 1). Fund Fund or to take advantage of match funding HA Construction that may be applicable for a number Once the outcome of the Local opportunities. Details of how the DEFRA at EZ/EAS of funding streams including the Local Network Rail Housing Growth Fund negotiation is known in programme will be reviewed and the Growth Fund and the EU SIF together. HCA Development line with our assurance framework, assurance framework approach is at Over 150 proposals came forward Local Council Utilities the programme of interventions will section 6. £56m £500m £59m £1bn+ £5bn+

7 Displacement and deadweight have been included in these figures, calculations using a model commissioned from Red Group are at Appendix 3. 4 Local Growth Fund Deal Negotiations 32|33

ADVANCED ENGINEERING & AEROSPACE SECTOR – ASSETS, OPPORTUNITIES AND INTERVENTIONS

Why is the sector important to us? West of England • 23,400 employees • Manufacturing output is roughly 20% higher than wide interventions: 14 it is nationally, and 30% above the West of England Virtual Growth Hub (O) • £1039.8m GVA economy as a whole Composite Bridge 2 • Government recognises this sector fits their Construction (P) • In 2010, there were around 1,500 manufacturing 1 aims to increase exports M5 enterprises here M48 • Largest UK aerospace/defence cluster, one M4 21 of the largest concentrations in Europe 22Advanced Technology Centre (N) 15/20 Market failures 16 M49 5 8 • Lack of incubator and ‘grow-on’ space 17 6 2 Opportunities and synergies with other sectors 19 1 18 M4 18 1 enterprise Zone – focus for a test-bed for the global 3. commercial sector opportunities – with the 8 National aerospace, defence, security and space sector’s international investment programmes that can be 7 M32 Composites 19 7 innovative solutions to smart/future city challenges applied to, it could double in size in the next ten years 2 Centre growth (Q) 1 3 2 supply chains are to 14 of the 15 world’s leading 4. sub sectors also do well – automotive industry, white 8 aerospace companies, focussed here. Spin outs: good manufacturing, packaging, signmaking, sub-sea 7

avionics, robotics autonomous systems, composites exploration, and wind turbine manufacturing 20

assets M5 5.5 largest UK aerospace and defence cluster, mostly 8 growing number of significant industry centres: the based in the North Fringe Advanced Composites Centre; the National Composites Centre; Bristol and Bath Science Park, 6 focus of Filton and Avonmouth / Severnside Enterprise and the new University Technical College, Bristol Areas to encourage clustering and allow room for Engineering and Technology Academy 21 growth

7 W EAF and EEF – membership associations which lead on initiatives, provide support services, and deliver Longer term project ideas in the pipeline: Key companies include: training and networking events. SEMTA, the sector Invest Bristol and Bath – trade promotion. Airbus, GKN Aerospace, Rolls Royce, BAE Systems, skills council, is also active in the area Honeywell, WEAF, GE Oil, Safran and Claverham Ltd.

Bristol National Claverham UTC Airbus open new WEAF Engineering and Advanced Technology Centre (N) Composites Aerospace engineering HQ set up Technology Centre opens Systems formed at Filton Virtual Growth Hub (O) Academy opens

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

GKN Aerospace Bloodhound Bristol and Bristol and Bath Science Composite bridge construction (P) win two awards SSC work Bath Science Park host National for innovative begins Park opens Manufacturing Summit National Composites Centre growth (Q) wing design 4 Local Growth Fund Deal Negotiations 34|35

HIGH TECH SECTOR – ASSETS, OPPORTUNITIES AND INTERVENTIONS

Why is the sector important to us? • 16,400 employees • South West microelectronics iNets – identified nearly 14 800 sector companies across the region equating • £162.5m GVA to approximately 18,000+ jobs, activity centred here 2

1 M5 M48 Market failures M4 21 • Fragmentation, lack of specialist facilities and support and a need for strategic planning and execution 22 to realise industry advantage from academic research strength 15/20 16 M49 Robotics 17 Opportunities and synergies with other sectors 4 Lab (A) 1 enterprise Zone – sector is fundamental to developing 2. Exploit new technologies such as Quantum Technology Quantum 19 creative, technology, communications, financial and and Robotic Autonomous Systems, Biomedical and Technologies (E) 1 18 ScienceM4 Park Grow18 professional services and software companies Biotechnology building on existing strengths and 8 on Space (D) funding opportunities (e.g. £270m for Quantum Terabit West 5 M32 19 Technology announced in the 2013 Autumn statement) broadband (C) 2 7 3 6 1

assets 20 3. high tech cluster – one of the strongest in the world 6 set squared partnership – award winning business with a large silicon design cluster built on, and has acceleration service Centre of Power been mapped online. The skills base to create M5 7 bristol and Bath Science Park (BBSP) and Engine Shed Food and drink and Energy (B) systems and applications to use silicon chips – allowing strong interaction with entrepreneurs, enterprise centre (F) now in place advisors, investors, suppliers, business leaders 6 4 r obotics Laboratory and Biotechnology – unique and local universities 9 collaboration between the Universities and Business 21 8 science City – Bristol is one of only 6 in the UK partners to have potential world leading role Longer term project ideas in the pipeline: Key companies include: 9 future Technology Centre – FE to meet Hinkley Cyber Security Incubator, Institute for Interaction and Intelligent Oxford Instruments, EE/Orange, IPL, Broadcom, Imagination 5 UK Electronics Skills Foundation (UKESF) – addresses Power Station demand Technologies (I3T), Diagnostics for Growth (DIAGRO) – Clinical Technologies, NVIDIA/Icera, Hewlett-Packard Laboratories, Toshiba skills shortages in the industry. University of Bristol Research & Development, Robotics and Autonomous Systems Research Europe, Infineon Technologies UK, IBM, Sony, Amazon, is a founding member Collaboration Centre (RAS CC), High Tech Innovation Network SSL, Smart Systems. (High Tech iNet), Robotics and Biotechnology Collaboration Centre.

INMOS and Robotics Lab Institute of Technology (A) Bristol Bristol Engine Hewlett UKESF named Robotics Shed Packard launched Centre of Power and Energy (B) Science City Lab opens opens based here Terabit West broadband (C)

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

SETsquared Science Park Grow on Space (D) Bristol and National WE high tech business Bath Science Composites cluster map Quantum Technologies (E) accelerator Park opens Centre opens launched opens Food and drink enterprise centre (F) 4 Local Growth Fund Deal Negotiations 36|37

LOW CARBON SECTOR – ASSETS, OPPORTUNITIES AND INTERVENTIONS

Why is the sector important to us? West of England wide interventions: 10 • 5,900 jobs* • Bristol awarded European Green Capital 2015 14 Solar Region (G) • £333m GVA • Worth £12.5bn nationally 2 Retrofitting (I)

Payment for Ecosystem 1 Market failure M5 Services Support (J) M48 1 has come from untested technology and difficulties with obtaining relevant permissions to build, e.g. Crown Estate M4 WE Circular Economy 21 issues for the Severn Estuary. Business Support (K) 22

6 15/20 16 Tidal energy test M49 Opportunities and synergies with other sectors 9 bed (M) 2 enterprise Zone – decarbonising at the heart 4. Installation of solar projects in commercial and 17 of all developments here. domestic settings (an ambitious target of 1GW 3 Innovation in 19 of solar PV capacity by 2026) Composites for 3 1 avonmouth / Severnside Enterprise Area opportunities 1 12 18 7 Marine Energy M4 18 – waste processing plants for combined heat capturing 5. Resilience – e.g. to climate change, making it a better 8 (H) and power (all Enterprise Areas and Zone will place to live, work and play through robust emergency M32 19 2 consider); recycling materials recovery links to circular planning, infrastructure, protecting vulnerable people 3 economy agenda and addressing threats to energy security, food 2 systems, public health and economy

20 assets 9

6 the Severn has the potential to contribute some 5% of the 9 £11m Filwood Green Business Park (Synergy with M5 UK’s energy, and has significant export market potential composites for marine energy cluster) 12 7 fits with the advanced engineering clusters such as 10 oldbury Nuclear Power Station 11 National Composites Centre and the Bristol and Bath 11 Weston College – Low Carbon Skills Centre Science Park located here to develop the required 21 technology 12 bristol Port and – materials and goods handling Longer term project ideas in the pipeline: 8 makes use of our unique geographical position. The ’Warm and Well’ housing retrofit programme, Establish a Cleantech reduction activities, Circular Economy Business Support Services, advantage over other areas is the proximity of large Cluster, WE Waste and Recycling Board recycling and resource Low Carbon Accelerator for CleanWeb businesses, Low Carbon population areas i.e. energy consumers close to the efficiency Prgm, Electricity Led microchip, Low Carbon and and Environmental Innovation (Growing Green), Heat Recovery Environmental Innovation (Growing Green), WE Eco-Efficiency from Avonmouth Low Carbon Energy Facility generation site Network (WE-EEN), Low Carbon Action Groups – waste & carbon

2008 UK Bristol secures Sustainable Green deal Bristol Solar region (G) Climate ELENA funding to Severn commitments European Change Act develop energy partnership signed in City Green Innovation in Composites for Marine Energy (H) services company signed formed Deal capital Retrofitting (I)

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Payment for Ecosystem Services Support (J) LEP Sector Group Low Carbon Carbon Saving Bath and West Bristol publishes Pathways SW and Alliance formed WE Circular Economy Bus Support (K) Community Power Co-op To Prosperity and RegenSW by Alliance energy formed formed Low Carbon Increasing business resource efficiency (L) formed Homes Strategic plans Tidal energy (M)

* based on SIC code definitions of waste and water management due to the emerging nature of the sector. Numbers will be higher 4 Local Growth Fund Deal Negotiations 38|39

creATIVE & DIGITAL SECTOR – ASSETS, OPPORTUNITIES AND INTERVENTIONS

Why is the sector important to us? Market failures West of England • 15,900 employed 80% are micro-businesses and lack resource for wide interventions: 14 emerging opportunities; government, venture capitalists Cultural Infrastructure • £658.5m GVA and other funders are unfamiliar with creative technology Programme (T) 2 • One of the 3 key centres in England alongside London models; sector focus on getting to market quickly rather 1 and Manchester, and 2 (out of 9) hotspots for Creative than IP and asset exploitation; property market is largely M5 M48 Cities (NESTA) unsuitable; sophisticated brokerage needed to exploit M4 21 CreaTech growth potential. 22

15/20 Opportunities and synergies with other sectors 16 M49

1 enterprise Zone as a creative and digital centre is 3 cross sector collaborations – fusion of Creative and 17 underway, already comprising Temple Studios, City Technology (CreaTech) drives growth as demonstrated 3 of Bristol College, Paintworks, and Engine Shed in Brighton 19 1 2 Paintworks phase 3 will include business units for 18 M4 18 creative SMEs 9 10M32 Bristol’s CreaTech19 7 2 City (S) 1 3 4 assets Engine Shed 8 2 4 c ollaborative culture and common purpose 8 excellent cultural centres – Watershed, Bristol Old Vic, Phase 2 (R)

across cultural/creative/technology landscape, Bath Theatre Royal, mShed, Holbourne, Tobacco 20 11 with employment growing 11% per year Factory, St George’s, etc. Bath Innovation 12 Campus & Quay (V) 5. World-leading, BAFTA and Oscar winning expertise 9 encounters Short Film Festival – one of four key film M5 in factual TV and features, animation and print festivals in the UK with the BFI Craneworks (U) and digital publishing 10 three industry membership organisations – Bristol 10 6. l eading digital/mobile/advertising creative Media, Creative Bath and the West of England Design 4 service sector forum 21 7 focus on a London-Manchester-Bristol ‘golden triangle’ 11 bottleyard film studios, the largest facility in the by BBC, Creative England and Creative Skillset South West Longer term project ideas in the pipeline: Key companies include: (including unique skills MoU with LEP, unique Shoot West: Film-making proposition, Curzon Creative Media Aardman Animations, BBC, Future Publishing, Mubaloo, 12 two of the UK’s leading cultural/creative cities, 10 BBC-Bristol partnership) incubator, Bath City Riverside Enterprise Area Business Support, Smart Traffic, Yogscast, Silverback Films, Mason Zimler, mins apart by train, linking Enterprise Zone and Growing Our Workforce: Skills for the WE Creative Sector. Sift, Watershed, ITV, Endemol, RDF, e3, McCann Erickson, Enterprise Area Icon Films, Films@59.

Mubaloo Yogscast Engine Shed Phase 2 (R) Bottleyard BBC-Bristol Future are voted app hits 1bn Film Studios Partnership UK’s biggest Bristol’s CreaTech City (S) developer of YouTube opens signed iPad publisher the year 2012 views Cultural Infrastructure Programme (T)

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

BBC relocates Pervasive mShed Aardman’s Craneworks (U) food and Media Studio Museum in 6th Oscar farming teams opens Bristol opens nomination Bath Innovation Campus & Quay (V) to Bristol 4 Local Growth Fund Deal Negotiations 40|41

DRIVERS OF PRODUCTIVITY 14

(LEVERS OF GROWTH) INTERVENTIONS 2

1 M5 M48 Why are the drivers of productivity important to us? West of England M4 21 22 Skills – addresses the needs of business whilst ensuring Investment and promotion – a city region with a wide interventions:

we narrow the local social deprivation gaps. strong profile makes a significant contribution to the W, X, Y, Z, AA, AD, AF, AH 15/20 UK’s global competitiveness. We aim to raise the global 16 Place and infrastructure – a key enabler of growth, M49 profile of the West ofE ngland. aids the flow of everyday life, opens spaces and creates 3 17 7 a sense of community and pride. Business support – 85% of our businesses employ AE 1 less than 10 people. We aim to support these with a 19 1 AC 1 range of measures such as increasing export capacity. 18 M4 18 AB AG M32 1 19 82 MetroWest rail 3 Metrobus Opportunities and synergies with other sectors improvements AE 1 4 1 growth areas – Enterprise Zone, Enterprise Areas, 3 Partnership approach to large infrastructure, e.g. 3 and South Bristol sustainable transport, Bristol Temple Meads station 20 redevelopment, M49, MetroWest, flooding, housing 2 other LEP area schemes which will impact, e.g. 1 AG Hinkley nuclear power station 4 role of M5 as a key corridor connecting four South M5 3 Bristol Enterprise Areas, Port and Airport 3

AG 1

assets 1 21 AG 5. established joint working arrangements across 8 investment and promotion team working for the the area for a number of years West of England as a whole, based in the newly AG opened Engine Shed 6. s kills achievements include nationally recognised pilot schemes, e.g. Chartermark 9. West of England Growth Fund has provided £25m in grants to SMEs 7 d elivery of some major cross-boundary infrastructure 2 AG projects, e.g. MetroBus

Cross cutting interventions Strong impact and their relationship with Moderate impact Advanced Engineering/ Creative Professional Construction Social other sectors Some impact Aerospace & Digital Low Carbon High Tech Services & Development Distribution Retail Rural Enterprise Tourism Health Education Business Support W WE Growth Fund X iNet innovation networks in LEP Priority sectors Place and Y Package of Minor Transport Schemes Infrastructure Z Local Pinch Points AA Sustainable Transport Package AB MetroWest rail improvements phase 1 AC MetroWest rail improvements phase 2 AD Superfast Broadband AE Infrastructure Design & Realisation Fund Place and AF Skills and Social Inclusion Infrastructure AG Further Education Capital Projects Inward Investment AH Invest Bristol and Bath – Continuation Funding 4 Local Growth Fund Deal Negotiations 42|43

EXPENDITURE OVER YR 15/16 EXPENDITURE OVER YR 16/17 MATCH FUNDING OVER Yr 15/16 & Yr 16/17 OVERALL YEARS OF OUTPUTS OVER PLAN PERIOD 2015-2021 PROPOSED SCHEMES CAPITAL REVENUE TOTAL CAPITAL REVENUE TOTAL PRIVATE PUBLIC TOTAL PROJECT SPEND DIRECT JOBS GVA RETURN SECTOR COST BETWEEN CREATED RETURN ON 2015-2021 2015-2021 INVESTMENT HIGH TECH a bristol Robotics Laboratory £750,000 £750,000 £1,500,000 £750,000 £750,000 £1,500,000 £5,800,000 £0 £5,800,000 £4,500,000 3 500 £29,000,000 £6.44 INDUSTRIES (Institute of Technology) B WE Centre of Power & Energy £2,000,000 £0 £2,000,000 £3,500,000 £2,400,000 £5,900,000 £4,450,000 £1,300,000 £5,750,000 £30,000,000 6 650 £340,000,000 £11.33 c terabit West (Broadband) £6,750,000 £0 £6,750,000 £6,750,000 £500,000 £7,250,000 £0 £0 £0 £15,000,000 4 250 £165,000,000 £11.00 d bristol & Bath Science Park £3,000,000 £0 £3,000,000 £4,500,000 £0 £4,500,000 £1,700,000 £0 £1,700,000 £15,000,000 3 240 £9,400,000 £0.63 Grow on Centre E Quantum Technologies £500,000 £500,000 £1,000,000 £500,000 £500,000 £1,000,000 £1,000,000 £1,000,000 £2,000,000 £5,000,000 5 100 £4,370,000 £0.87 F J21 Food & Drink Enterprise Centre £3,000,000 £0 £3,000,000 £3,000,000 £1,000,000 £4,000,000 £4,100,000 £0 £4,100,000 £12,900,000 6 694 £29,100,000 £2.26 SUBTOTAL £16,000,000 £1,250,000 £17,250,000 £19,000,000 £5,150,000 £24,150,000 £17,050,000 £2,300,000 £19,350,000 £82,400,000 2434 £576,870,000 LOW CARBON g solar Region £320,000 £80,000 £400,000 £0 £0 £0 £400,000 £0 £400,000 £400,000 1 6 £600,000 £1.50 h innovation in Composites £2,000,000 £0 £2,000,000 £0 £0 £0 £200,000 £0 £200,000 £2,000,000 1 10 £13,500,000 £6.75 for Marine Energy i r etrofitting existing housing £1,200,000 £200,000 £1,400,000 £1,200,000 £200,000 £1,400,000 £0 £800,000 £800,000 £9,100,000 6 1775 £87,500,000 £9.62 and businesses J Payment for Ecosystem Services Support £0 £165,000 £165,000 £0 £165,000 £165,000 £165,000 £165,000 £330,000 £330,000 2 20 £690,000 £2.09 K W E Circular Economy Business Support £0 £60,000 £60,000 £0 £60,000 £60,000 £0 £0 £0 £120,000 2 10 £385,000 £3.21 Services l i ncreasing Business Resource Efficiency £0 £40,000 £40,000 £0 £40,000 £40,000 £0 £80,000 £80,000 £240,000 6 17 £1,700,000 £ 7.0 8 across WE m bristol Channel Tidal Energy Test Bed £0 £300,000 £300,000 £0 £0 £0 £0 £50,000 £50,000 £300,000 1 N/A TBC TBC (feasibility study) SUBTOTAL £3,520,000 £845,000 £4,365,000 £1,200,000 £465,000 £1,665,000 £765,000 £1,095,000 £1,860,000 £12,490,000 1838 £104,375,000 ADVANCED n advanced Technology Centre £7,200,000 £1,000,000 £8,200,000 £7,200,000 £1,100,000 £8,300,000 £5,685,393 £0 £5,685,393 £26,700,000 5 900 £39,000,000 £1.46 ENGINEERING O Virtual Growth Hub £0 £0 £0 £0 £2,000,000 £2,000,000 £2,000,000 £0 £2,000,000 £6,000,000 3 120 £10,500,000 £1.75 & AEROSPACE P composite Bridge Construction £250,000 £250,000 £500,000 £250,000 £250,000 £500,000 £0 £0 £0 £1,000,000 2 100 £6,000,000 £6.00 Q national Composites Centre £2,200,000 £500,000 £2,700,000 £2,100,000 £550,000 £2,650,000 £0 £5,350,000 £5,350,000 £8,000,000 3 150 £10,200,000 £1.28 SUBTOTAL £9,650,000 £1,750,000 £11,400,000 £9,550,000 £3,900,000 £13,450,000 £7,685,393 £5,350,000 £13,035,393 £41,700,000 1270 £65,700,000 CREATIVE r engine Shed Phase 2 £600,000 £0 £600,000 £700,000 £0 £700,000 £1,420,000 £400,000 £1,820,000 £5,000,000 6 1000 £59,000,000 £11.80 & DIGITAL s bristol’s CreaTech City £0 £900,000 £900,000 £0 £900,000 £900,000 £0 £500,000 £500,000 £4,500,000 5 230 £4,500,000 £1.00 t cultural Infrastructure Programme £4,000,000 £0 £4,000,000 £4,000,000 £0 £4,000,000 £3,600,000 £8,000,000 £11,600,000 £20,000,000 5 625 £30,000,000 £1.50 U Craneworks £1,800,000 £200,000 £2,000,000 £2,250,000 £285,000 £2,535,000 £2,672,627 £890,588 £3,563,214 £10,500,000 5 287 £16,900,000 £1.61 V bath Innovation £8,404,000 £600,000 £9,004,000 £8,404,000 £580,000 £8,984,000 £13,750,866 £17,410,751 £31,161,617 £34,714,000 6 7000 £400,000,000 £11.52 SUBTOTAL £14,804,000 £1,700,000 £16,504,000 £15,354,000 £1,765,000 £17,119,000 £21,443,492 £27,201,338 £48,644,831 £74,714,000 9142 £510,400,000 ALL SECTORS RETURN ON INVESTMENT average £4.80 DRIVERS CROSS-SECTORIAL OF GROWTH INTERVENTIONS BUSINESS W WE Growth Hub & Fund £4,700,000 £1,800,000 £6,500,000 £2,700,000 £1,800,000 £4,500,000 £19,250,000 £0 £19,250,000 £16,000,000 3 1050 £25,000,000 £1.56 SUPPORT X iNET innovation networks £0 £1,000,000 £1,000,000 £0 £1,000,000 £1,000,000 £2,000,000 £0 £2,000,000 £3,000,000 3 135 £9,300,000 £3.10 PLACE & Y Package of Minor Transport Schemes £5,000,000 £0 £5,000,000 £5,000,000 £0 £5,000,000 £8,823,529 £ 24,117, 6 47 £32,941,176 £34,000,000 6 950 £61,000,000 £1.79 INFRA- Z local Pinch Points £7,000,000 £0 £7,000,000 £7,000,000 £0 £7,000,000 £3,500,000 £3,500,000 £7,000,000 £34,000,000 6 1600 £108,000,000 £3.18 STRUCTURE AA Sustainable Transport Package £3,000,000 £0 £3,000,000 £3,000,000 £0 £3,000,000 £1,800,000 £3,000,000 £4,800,000 £20,000,000 6 1800 £62,000,000 £3.10 AB MetroWest Phase 1 £0 £0 £0 £0 £0 £0 £0 £0 £0 £8,500,000 2 1150 £110,000,000 £2.00 AC MetroWest Phase 2 £1,100,000 £0 £1,100,000 £900,000 £0 £900,000 £0 £18,312,500 £18,312,500 £3,200,000 4 895 £85,000,000 £2.00 AD Superfast Broadband £3,386,500 £573,400 £3,959,900 £252,000 £40,000 £292,000 £0 £0 £0 £5,223,900 5 1312 £42,000,000 £8.04 AE Infrastructure Design £0 £4,225,000 £4,225,000 £0 £1,225,000 £1,225,000 £0 £0 £0 £16,450,000 4 2900 £70,000,000 £4.26 & Realisation Fund SKILLS AF FE Skills Capital* £4,852,000 £0 £4,852,000 £7,796,000 £0 £7,796,000 £16,865,000 £8,432,000 £25,297,000 £31,990,000 6 N/A N/A N/A AG Skills & Social Inclusion £0 £2,640,000 £2,640,000 £0 £2,640,000 £2,640,000 £0 £1,500,000 £1,500,000 £15,840,000 6 1600 £73,500,000 £4.64 INWARD AH WE Inward Investment Programme £0 £1,000,000 £1,000,000 £0 £1,000,000 £1,000,000 £580,000 £150,000 £730,000 £3,000,000 3 4500 £11,000,000 £3.67 INVESTMENT TOTAL CROSS-SECTORIAL £29,038,500 £11,238,400 £40,276,900 £26,648,000 £7,705,000 £34,353,000 £52,818,529 £59,012,147 £111,830,676 £191,203,900 17892 £656,800,000 INTERVENTIONS COST cross SECTORial RETURN ON INVESTMENT average £3.39 YR 1&2 TOTAL PROGRAMME COST £73,012,500 £16,783,400 £89,795,900 £71,752,000 £18,985,000 £90,737,000 overall sep interventions cost 2015-2021 £4 02,507,9 0 0 YR 1&2 TOTAL PROGRAMME PRIVATE PUBLIC TOTAL MATCH FUNDING £99,762,415 £94,958,485 £194,720,901 *FE Skills Capital projects starting YR 15/16 Refurbishment and Modernisation of Automotive Engineering Workshops £900,000 TOTAL PROGRAMME OUTPUT DIRECT INDIRECT TOTAL JOBS GVA RETURN Business Enterprise Training Centre £720,000 over plan period 2015-2021 JOBS JOBS CREATED* £1,914,145,000 New Construction Centre for Bath and North East Somerset £4,957,984 CREATED CREATED 25,591 Weston College Future Technology Centre £5,009,390 32,576 18,992 West of England Law and Professional Services Academy £4,648,068 Advanced Engineering Centre Extension £4,000,000 Advanced Construction Centre £6,000,000 current two year programme *FE Skills Capital projects starting Yr 16/17 Avon Street Campus remediation works £600,000 *Total jobs created over plan period Inclusive Vocation Training Centre £792,000 YR 15/16 – YR 16/17 2015-2021 taking into account North Somerset Employment and Guidance Centre £3,274,000 deadweight and displacement. See For full 6 year programme see Appendix 1 Appendix 3 for breakdown of calculation South West Tourism and Hospitality Academy – Phase 1 £4,380,000 Weston College Social Enterprise Training Centre – Phase 1 £3,434,000 4 Local Growth Fund Deal Negotiations 44|45

LEVERS LEVERS rationale for THE of Freedoms & Flexibilities rationale for THE of Freedoms & Flexibilities description intervention figures Growth Sought OWNER description intervention figures Growth Sought OWNER A. Bristol Robotics Fragmentation and LGF Cost Resourcing nationally Prof. Martin E. Quantum Technologies High barriers to LGF Cost Resourcing nationally Mustafa Laboratory (Institute of lack of specialist £4.5m significant centres Boddy Creation of a Quantum market entry, lack £5.0m significant centres Rampuri Technology) facilities & support ROI of excellence University Technologies Hub (QT Hub) – of technology and ROI of excellence University A collaborative Robotics and £6.44 Recognising the strength of of West of building upon pioneering skills to build devices £0.87 Business and of Bristol Autonomous Systems (RAS) Jobs Bristol Robotics Lab and the high England research at the University of Jobs Innovation Hubs initiative to provide start-up and 500 growth potential for this sector Bristol and the region’s 100 grow-on space for technology/ in the West of England and successful semiconductor private private knowledge based businesses sector importance to national growth, companies. Significant human sector in robotics and autonomous leverage work with us to explore how we talent will be attracted to the QT leverage systems, bio-sensing and £5.8m might deliver the TSB’s national Hub in areas such as Quantum £2.5m biotechnology, biomedical and ambition for a Robotics and Computers, Quantum other related fields. Provision Autonomous Systems Catapult, Simulators, Quantum Sensors of facilities and advanced tools at the BRL, UWE. and Quantum Communication. for academic and industry Business and F. Food & Drink Enterprise Businesses in this LGF Cost Resourcing nationally Karuna innovators, collaborative projects Innovation Hubs Centre sector currently £12.9m significant centres Tharmananthar and technology companies. A Centre of Excellence for Food procure for of excellence North Somerset Supported by UWE and ROI and Drink Industries within the innovation research Ensure that national Council University of Bristol. £2.26 Junction 21 Enterprise Area to and technology Jobs programmes support the B. WE Centre of Power Need to adopt LGF Cost Resourcing nationally Prof. Gary create a hub bringing together support outside 694 delivery of a Food & Drink & Energy ultra-low carbon £30.0m significant centres of Hawley expertise ranging from bio- the WE region. Technology Innovation Centre in private A new research facility where economy ROI excellence University technology to engineering; No high tech sector the J21 Enterprise Area. chemistry to design that strives major businesses and SMEs Business not £11.33 Business and of Bath industries in leverage Business and to excel in food research, can undertake programmes carrying out Jobs Innovation Hubs Weston-super- £9.1m Innovation Hubs to realise the benefits of new sufficient R&D 650 production, manufacturing Mare. technology including addressing due to lack of and resource efficiency. the shortfall in high technology private investment sector G. Solar Region Lack of installation LGF Cost Powering the West James graduates capable of joining, leverage Working with housing developers, of solar PV’s onto £400k of England Lancaster or starting up, advanced Lack of skilled £16.7m solar energy installers and new build homes Green Deal / Energy Service University low-carbon, power and energy workforce ROI wholesalers, regional energy and currently not Companies (ESCOs) of Bristol based businesses. £1.50 co-operatives and the offered as an Jobs Housing C. Terabit West (Broadband) Current commercial LGF Cost National assets for James distribution network optional extra. 6 Broadband infrastructure R&D offer for broadband £15.0m local growth Lancaster to develop a new sustainable funding model for the roll out private test bed to support the extension is expensive, ROI The Highways Agency will University sector of Gigabit Bristol across the WE shared, slow and not £11.00 open up their National Roads of Bristol of solar electricity generation leverage increasing capacity/volume for suited to R&D Telecommunications Service to new build homes in the £400k Jobs WE region. high growth sectors. 250 fibre network to enable high speed broadband connectivity LGF Cost private H. Innovation in composites Current blade test Resourcing nationally Johnny Gowdy sector within and between our for marine energy facility and scale of £2.0m significant centres Regen SW leverage Enterprise Zone and Areas, Provision of new test centre to industry not large ROI of excellence £0 aligned with support for the provide development testing and enough for each £6.75 delivery of our Gigabit/Terabit accreditation for new tidal blade manufacturer to broadband investment and Jobs models and dynamic testing have facility. 10 test bed programmes. capability. private sector D.Bristol & Bath Science Development halted LGF Cost Resourcing nationally Bonnie Dean leverage Park Grow on Centre during recession, £15.0m significant centres Bristol & Bath £200k Expansion of Bristol & Bath too high risk for ROI of excellence Science Park I. Retrofitting existing Whole house LGF Cost Powering the West David Science Park providing grow- private sector in the £0.63 Business and on space including hybrid current market housing and businesses retrofitting not being £9.1m of England Trethewey Jobs Innovation Hubs taken up as there is Green Deal / Energy Service Bath and North workshop, wet and dry labs 240 A strategic market intervention ROI and collaborative spaces. National assets for through a number of a need for cheap £9.62 Companies (ESCOs) East Somerset private local growth mechanisms that either stimulate and easy finance to Housing Council sector enable households Jobs leverage Subject to the conclusion of and support retrofitting demand and businesses to 1,775 £1.7m current contract negotiations from householders and between BIS, HCA and the businesses, or enable local cover the costs private property developers, allow supply chain development of the works not sector the LEP through South covered by existing leverage creating low carbon business £0 Gloucestershire Council as the growth in the West of England. Government Accountable Body to take the schemes. stewardship role from the HCA, for the Bristol & Bath Science Park in the Emersons Green Enterprise Area, where the LEP currently has no direct strategic influence. 4 Local Growth Fund Deal Negotiations 46|47

LEVERS LEVERS rationale for THE of Freedoms & Flexibilities rationale for THE of Freedoms & Flexibilities description intervention figures Growth Sought OWNER description intervention figures Growth Sought OWNER J. Payment for Ecosystem Unsustainable LGF Cost Dr. Bevis Watts N. Advanced Technology Scale of proposal LGF Cost Resourcing nationally John Pritchard Services Support depletion of natural £330k West of England Centre in scope, proposed £26.7m significant centres GKN Aerospace Exploit new markets for trading capital necessitates ROI Nature Working collaboratively with a diversity of the ROI of excellence externalities not currently mechanisms at local £2.09 Partnership broad range of global aerospace technology centre £1.46 Recognition and government accounted for (such as flood level (for homes and Jobs customers and suppliers and collaboration Jobs support for the iAero campus in water capacity, biodiversity, businesses) to 20 to establish an Advanced with range of 900 Filton to provide a place where energy or carbon offsetting) to facilitate payment Technology Centre to develop stakeholders innovation in aerospace specific private private create economic, social and for ecosystem sector and industrialise the advanced requires and would sector technologies, processes and environmental benefits. services. leverage technologies i.e. 3D printing. benefit from public leverage skills can deliver on aspirations £165k With partners including GKN sector backing to £9.2m set out in the Aerospace Growth New market, Aerospace, Rolls-Royce, Airbus, deliver successfully. Partnership ‘Lifting Off: payback periods WEAF, South Glos Council. Implementing the Strategic and benefits not Vision for UK Aerospace.’ yet recognised. Engaging early with the West of K. WE Circular Economy Failure to price LGF Cost Jane England when ATI, TSB or Business Support Services environmental costs £120k Stephenson Aerospace Growth Partnership Develop closed loop recycling of resources/future ROI Resource Futures resources become available for practices with the aim of pricing. £3.21 the development of IAERO reducing emissions and No service based Jobs Business and sustainable use of resources business models. 10 Innovation Hubs for suppliers. Research and business support into the private O. Virtual Growth Hub Barriers to LGF Cost Resourcing nationally Simon Young sector £6.0m circular economy. leverage A virtual growth hub for innovation in the significant centres West of England £0 the Aerospace & Advanced SME sector as a ROI of excellence Aerospace Forum Engineering, Microelectronics, result of lack of £1.75 Business and (WEAF) Lack of awareness LGF Cost L. Increasing Business Rob Emony Low Carbon and Creative sectors access to specialist Jobs £240k Innovation Hubs Resource Efficiency and access to the Business West geared to supporting SMEs information and 120 across WE benefits of resource ROI throughout the supply chain, services, high Business support for SMEs efficiency advice private £7.0 8 with a focus on technology development sector to increase business process and and support which Jobs development through innovation costs, lack of leverage management resource efficiency. can help businesses 17 vouchers and practical in access to capital. £6.0m Project will develop the low reduce overhead company direct action support. Weaknesses in carbon sector and will support costs and gain new private sector supply chain, the priority sectors of High Tech, access to new leverage particularly, Aerospace and Advanced markets. £0 aggregation and Engineering. distribution leading M. Bristol Channel Tidal Capital intensive, LGF Cost Resourcing nationally Bill Eldrich to increased Energy Test Bed requiring significant £300k significant centres Bristol City logistics costs. Feasibility study to explore timescales, of excellence Council Jobs P. Composite Bridge Lack of current LGF Cost Kathryn Vowles opportunities to harness planning, 0 Powering the Construction design standards £1.0m Balfour Beaty low carbon energy from development and private West of England Potential application of new for structural design the Severn Estuary. operational costs. ROI sector In return for a strong regional technology to develop an in advanced leverage £6.00 Potential developers partnership and commitment, advanced composite footbridge composites. £0 Jobs of tidal range Government will support design solution that could be Barrier to adoption 100 projects do not research and development efficiently and economically used as a result of high have the capacity activity in marine renewables; private in a variety of bridge locations to capital costs, lack of sector to undertake such align UKTI activity in support help to unlock this sector of the evidence of the real leverage studies. of the sector; and develop a market. benefits based on £0 simplified consents regime to the lifetime of the enable to rapid deployment product and limited of demonstrator projects number of designers coordinated with DECC, who can deliver the Marine Management these projects Organisations and the Crown Estate. Q. National Composites Lack of R&D LGF Cost Resourcing nationally Graham Centre investment & Failure £8.0m significant centres of Harrison Provision of facilities and support to exploit emerging ROI excellence GKN services to develop additional markets. £1.28 Business and laboratory space and commercial Jobs Innovation Hubs space at the composite centre. 150 private sector leverage £0 4 Local Growth Fund Deal Negotiations 48|49

LEVERS LEVERS rationale for THE of Freedoms & Flexibilities rationale for THE of Freedoms & Flexibilities description intervention figures Growth Sought OWNER description intervention figures Growth Sought OWNER R. Engine Shed Phase 2 No private sector LGF Cost Resourcing nationally Dr. Neil W. WE Growth Hub & Fund SME’s lack of access LGF Cost Business and Nick Wilton Provision of incubation and grow provision of these £5.0m significant centres of Bradshaw An SME growth hub and funding to finance for capital £16.0m Innovation Hubs SME Group on space for growth oriented high types of services excellence University scheme offering support to investment, We will work with Government to ROI ROI Phil Smith technology companies using the and facilities exist £11.80 of Bristol businesses for various economic innovation and £1.56 find a revenue funded solution to Business and Innovation Business West SETSquared model successfully in the WE area Jobs Hubs activities where market failure research & Jobs provide a business support hub. applied to Engine Shed Phase 1. with the specialist 1,000 exists including SMEs accessing development. 1,050 support offered. National assets for local finance for capital investment, private growth private sector companies undertaking research sector leverage Full transfer all HCA assets and development or other leverage £5.8m in the Temple Quarter Enterprise innovation, companies £28.0m Zone to the established ‘over-skilling’ employees, etc. development vehicle for the Zone. X. iNET innovation networks Barriers to LGF Cost Prof. Martin Promotion of innovation and innovation in £3.0m Boddy S. Bristol’s CreaTech City The market is not LGF Cost Business and Paul Appleby growth of SMEs across the the SME sector ROI University To exploit the co-location of able to produce £4.5m Innovation Hubs Bristol Media WE area including access to in terms of £3.10 of West of creative technology micro- an effective centre, ROI advice and guidance, skills information and Jobs England businesses and capitalize on diverse workforce, £1.00 development and enhancement, awareness, cost, 135 the growth opportunity in the pathways to Jobs new product and process access to specialist unsquare mile by promoting sustainable careers private 230 technologies and marketing. information and sector collaborative projects, co- & fast increase services, access private leverage ordinating support funding, bids, in digital content sector to capital. £3.0m growth programmes and skills with a centralist leverage development in the high-growth approach owned by £0 Y. Package of Minor Congestion and LGF Cost Transport Local Authority space. a single company. Transport Schemes other transport £34.0m Heads of Capital interventions built around pressures on growth ROI Transport T. Cultural Infrastructure ‘Not for profit’ sector LGF Cost Dick Penny the Joint Local Transport Plan £1.79 B&NES, BCC, Programme and relies upon £20.0m Watershed including new and improved Jobs NSC, SGC Cultural buildings and equipment capital fundraising ROI highway infrastructure, more 950 investment programme to to invest in cultural £1.50 efficient network management support the development of a buildings and private Jobs (Urban Traffic Management & sector range of cultural infrastructure equipment. WE 625 Control systems, etc.), road develop efficiency and region historically leverage private safety schemes and measures £30.0m sustainability of the cultural under-invested sector to reduce congestion/improve organisations that operate the compared to other leverage accessibility. buildings, to make the cultural English core city £9.0m attractions in WE fit for purpose. regions. Z. Local Pinch Points Congestion impacts LGF Cost Transport Peter Mann This Intervention will provide a on, and is a cost to £34.0m Bristol City U. Craneworks Fragmented High LGF Cost Business and Doug Laughlen fund for 2–3 mid-sized transport business ROI Council A project to convert the area Tech and Creative £10.5m Innovation Hubs Craneworks capital improvement schemes £3.18 around the crane sheds on Bath’s & Digital sectors. ROI per year (typically £1m–£4m per South Quays into a creative, £1.61 Jobs Shortage of scheme) focussed on congestion 1,600 inter-disciplinary and multi- available land for Jobs reduction building on the Pinch functional space to promote, private office development 287 Point Programme approach sector support, connect and grow and high land costs. successfully tested by creative businesses. private leverage sector Government and applied locally. £8.5m leverage £6.1m AA. Sustainable Congestion and LGF Cost Transport Alistair Cox Transport Package other transport £20.0m A single settlement for the West Bristol City V. Bath Innovation No new Grade LGF Cost Resourcing nationally John Wilkinson A programme of sustainable pressures on growth ROI of England for ten years across Council A package of connected A office £34.7m significant centres B&NES Council transport capital measurers £3.10 the whole of public transport, and mutually dependant accommodation ROI of excellence including walking, cycling, with increased flexibility in the interventions at Innovation provided by the £11.52 Simon Bond Jobs Business and smarter choices, public transport 1,800 use of funds and powers to Campus and Quay to provide a private sector in Jobs Innovation Hubs University and local sustainable travel regulate networks – the same centre, incubator and grow on Bath during the past of Bath private 7,000 initiatives building upon the sector as Transport for London. space delivered collaboratively. 20 years despite successful application of these evidenced demand. private leverage sector schemes and their packaging £6.0m Development has a leverage through the current Local negative market £26.5m Sustainable Transport Fund. land value. 4 Local Growth Fund Deal Negotiations 50|51

LEVERS LEVERS rationale for THE of Freedoms & Flexibilities rationale for THE of Freedoms & Flexibilities description intervention figures Growth Sought OWNER description intervention figures Growth Sought OWNER AB. MetroWest Phase 1 Congestion and LGF Cost Transport Colin Medus AE. Infrastructure Design Finite funding LGF Cost Transport Steve Evans The MetroWest Phase 1 rail other transport £8.5m Government is asked to extend North Somerset & Realisation Fund available for flood £16.5m South scheme including the reopening pressures on growth ROI the electrification programme to Council The design and realisation risk management ROI Gloucestershire of the line has £2.00 include suburban rail services in fund will be used to specifically infrastructure £4.26 Council been prioritised for devolved Jobs Bristol, South Gloucestershire progress schemes which are from central Jobs major schemes funding by the 1,150 and North Somerset, including cross boundary and complex Government. 2,900 Local Transport Body, although modern electrified rolling stock and therefore cannot easily private Schemes cannot private additional capital funding is sector on the local rail service to be developed by one authority easily be developed sector required on top of the devolved leverage Cardiff. and that require significant by one authority and leverage allocation. [£44.9m pre- £0 Simplification of the process for up front funding. require significant up £0 commitment through devolved delivery of MetroWest front funding. major schemes allocation] programme as well as including LGF Cost in any future franchise the whole AF. FE Skills Capital Skills Adam Powell £31.9m of MetroWest network and Capital intervention to support To support skills development in WE LEP Skills expediting the process for skills development in further Jobs the J21 Enterprise Area, we ask Team reopening the disused section of education. Various projects N/A Government to conclude the the railway and the legal powers including: private funding agreement to bring needed to run passenger • Refurbishment and sector forward North Somerset services between Portishead and Modernisation of Automotive leverage Enterprise Technical College, £42.6m Bristol Temple Meads. Engineering Workshops within the Weston Airfield (£900k); Business Quarter. In return we LGF Cost AC. MetroWest Phase 2 Congestion and Transport Janet King • Business Enterprise Training will ensure that the NSETC is £3.2m The MetroWest Phase 2 rail other transport Government is asked to extend South Centre (£720k); fully functional by Autumn 2015 scheme including the reopening pressures on growth ROI the electrification programme to Gloucestershire • New Construction Centre for as a unique opportunity to of the Henbury line has been £2.00 include suburban rail services in Council Bath and North East Somerset involve industry in the education identified by theL ocal Transport Bristol, South Gloucestershire provision and focus on STEM Jobs (£5.3m); Body as the second priority 895 and North Somerset, including • Weston College Future subjects both of which are scheme for devolved major modern electrified rolling stock welcomed by the industry in the private Technology Centre (£5m); schemes funding. This sector on the local rail service to • West of England Law and area. We also request that intervention is a proportion leverage Cardiff. Professional Services Academy Government grant joint FE & HE of the development costs. £0 Simplification of the process for (£4.6m); institution to Weston College, to (£36.5m pre-commitment delivery of MetroWest • Advanced Engineering consolidate the level of Higher through devolved major scheme programme as well as including Centre Extension (£4m); Education provision in North allocation) in any future franchise the whole • Advanced Construction Centre Somerset and in particular the of MetroWest network. (£6m). regeneration and growth ambitions in Weston-super-Mare Government to support the and the J21 Enterprise Area. early delivery of Phase 2 so AG. Skills & Social Inclusion Business needs LGF Cost Skills Adam Powell that MetroWest is delivered and Wide ranging skills package to unmet by local £15.8m WE LEP Skills operated as a whole network at ensure labour market readiness labour supply Team the earliest opportunity and ROI and address social inclusion building on our existing Bristol Variance between £4.64 including supporting businesses City Regional Deal, allow the skills (or Jobs skills needs, in particular SMEs; programme flexibility in project occupation) of 2,500 effective business engagement funding across the MetroWest jobseekers and the leading to co-design of training private Programme – both phases 1 & 2. vacancies offered sector and employability Chartermark by employers. leverage AD. Superfast Broadband Broadband supply LGF Cost National assets Jennifer Brake programme. £0 Provision of open access ducting limited and £5.22m for local growth South Lack of employer and a voucher scheme to support expensive in ROI The Highways Agency will open Gloucestershire engagement in the roll out of superfast business parks, only £8.04 up their National Roads Council schools. broadband across the WE area, large companies can Jobs Telecommunications Service Skills provider complementing the Gigabit afford expensive 1,312 fibre network to enable high infrastructure Bristol programme and the leased lines. speed broadband connectivity private does not fully emerging Terabit West Businesses are sector within and between our meet training needs intervention. unlikely to locate in leverage Enterprise Zone and Areas, of key sectors. £0 aligned with support for the EA without a AH. WE Inward Investment Market failure in LGF Cost Business and Matt Cross guarantee of a delivery of our Gigabit / Terabit broadband investment and test Programme location promotion £3.0m Innovation Hubs Bristol & Bath suitable broadband Wide ranging inward investment and relative high connection. bed programmes. ROI programme for the WE area, costs of information £3.67 including mix of research, gathering for Jobs marketing and trade promotion; potential investors 4,500 business development activity (should they have to private including key account do it themselves). sector management. leverage £870k 4 Local Growth Fund Deal Negotiations 52|53

4.3 West of England Growth Deal

This Strategic Economic Plan Our proposals for reform as part Government will: In addition, we require the following Resourcing centres of excellence • Recognising the strength of Bristol shows how we will develop of the Growth Deal fall into two • Provide an enhanced and locally specific changes to support the best As we now embark on further Robotics Lab and the high growth a £150bn economy, on an categories: sensitive trade support package use of assets to deliver our SEP development of nationally significant potential for this sector in the West investment of just £0.5bn of – through local influence over priorities: centres of excellence in the West of of England and importance to 1. Unlocking growth Flexibilities public money; and how our Local the way UKTI is commissioned. England we require Government to national growth, work with us to needed now to enable rapid delivery • English Heritage will consider Growth Fund programme will further align existing and forthcoming explore how we might deliver the of SEP ambitions. • Guarantee future national business ‘economic impact’ in its assessment result in an estimated 25,591 resources to achieve maximum TSB’s national ambition for a support contracts are procured in of the development of Temple jobs and £1.9bn in GVA. This 2. Game-changers The next impact. Robotics and Autonomous Systems line with local needs. Meads train station. ambition will only be realised generation of reforms required to set Catapult, at the BRL, UWE. We will: Deliver nationally significant if the West of England has the city regions like the West of England National assets for local growth • The Highways Agency will Centre of Excellence in the West of • Support development of Biosensing freedoms and flexibilities we free to drive growth. In order to accelerate growth in open up their National Roads England to support jobs and GVA and Biotechnology (University need to deliver quickly and priority locations, it is vital that in Telecommunications Service fibre growth, including aerospace (iAero), Enterprise Zone) capability alongside effectively. our Enterprise Zone and Areas key network to enable high speed 1. Unlocking growth robotics (Robotics and Autonomous Robotics and linked to the University Government agencies deliver in broadband connectivity within and National governments have an Systems Catapult / Robotics Lab); Enterprise Zone. The following proposals directly line with local economic or spatial between our Enterprise Zone and important role to play in backing bio-sensing and biotechnology support the delivery of the Strategic strategies in the way they make Areas, aligned with support for the • Ensure that national programmes places which are performing well, (University Enterprise Zone); Food Economic Plan and particularly our use of their assets. delivery of our Gigabit / Terabit support the delivery of a Food & and creating jobs and growth for & Drink (J21 Food & Drink Enterprise Local Growth Fund projects. broadband investment and testbed Drink Technology Innovation Centre UK plc. With the appointment of We will: Drive forward our ambitious Centre), and creative industries Business and Innovation Hubs programmes. in the J21 Enterprise Area. a Cities Minister, the creation of programme for the development of (Engine Shed / Craneworks). We will: There are a range of a cross-Whitehall Cities Unit, and our Enterprise Zone and Enterprise • Subject to the conclusion of current Many of these centres are rightfully impactful projects in our Local Growth Government will: Align all relevant the development of the Bristol City Areas, resulting in the creation contract negotiations between focused on innovation and R&D as a Fund plan centred on providing national programme and resources Region Deal, national economic significant jobs and growth. BIS, HCA English Heritage and key strength of the West of England. support to growing and innovative behind the development of these policy is making significant steps the property developers, allow the A further ask of Government Government will: Introduce a facilities, including: business, as well as a number of LEP through South Gloucestershire therefore is the early engagement and towards freeing up our major ‘Duty to Pro-actively Support Local different venues and centres of Council as the Accountable Body to • Recognition and government involvement of TSB as they develop engines of growth. Economic Strategies’, or similar excellence where businesses take the stewardship role from the support for the iAero campus in locally-sensitive national strategies We were heartened by the ambitious requirement, for all central congregate. We will work with HCA, for the Bristol & Bath Science Filton to provide a place where for innovation and technology. programme of reform heralded Government bodies/agencies in the Government to find a revenue funded Park in the Emersons Green innovation in aerospace specific by Michael Heseltine in his report, way that assets are managed or solution to combine project proposals Enterprise Area, where the LEP technologies, processes and skills No Stone Unturned, and we are disposed of within Enterprise Zone/ into a single coherent package of currently has no direct strategic can deliver on aspirations set out in committed to demonstrating to Areas. This will apply to organisations support for business in the West of influence. the Aerospace Growth Partnership Government that the West of England such as the HCA, BIS, the . Support will be available in ‘Lifting Off: Implementing the is a place where the scale and the Agency and the Canals and River • Fully transfer all HCA assets in the multiple locations, co-located with Strategic Vision for UK Aerospace.’ ambition of those proposals can be Waterways Trust, for example, and Temple Quarter Enterprise Zone to centres of excellence wherever Engaging early with the West of delivered. Accordingly, we are putting the regulatory framework for this duty the established development vehicle possible, and will provide a single point England when ATI, TSB or forward a number of proposals that will also include penalties for inaction, for the Zone. of expert contact for business advice. Aerospace Growth Partnership support our Local Growth Fund requiring proactive decision-making resources become available for interventions, as well as a set of about the treatment of land and the development of iAERO. game-changing reforms that will help assets to support local plans. the Government deliver its vision for a new era of self-determining and successful city-regions. 4 Local Growth Fund Deal Negotiations 54|55

Powering the West of England – Greater powers to organise 2. Ambitious reform • Government to work with the West Skills To support skills development in The West of England is fast becoming infrastructure plans with utility of England to develop an innovative The West of England has specific the J21 Enterprise Area, we ask Liberating the West a national centre for innovation and companies and hold to account model for the retention of a small strengths, and therefore specific skills Government to conclude the funding of England economy expertise in the generation and utility generators, transmission proportion of sales tax (VAT). This needs for its workforce. A centralised agreement to bring forward North Cities and city-regions directly control distribution of energy. With the services and distributors across may be no more than 1% and yet system does not adequately assess Somerset Enterprise Technical only a miniscule proportion of the development of the Severn Estuary their areas. could be used to create significant or understand the skills needs in College, within the Weston Airfield income they generate, with money as a major centre for tidal renewable local funds, which we would use to the West of England – the rate Business Quarter. In return we will – Give urgent attention to the generated locally returned to us only marine energy, and the forthcoming establish a local business bank of innovation and change in our ensure that the NSETC is fully challenges of recent changes to with complex strings attached. The investment in Hinkley Point and supporting investment for a return economy is too great for any central functional by Autumn 2015 as a the Green Deal, to ensure that the current arrangement means our Oldbury nuclear power stations, in small and innovative local bureaucracy to keep pace. The West unique opportunity to involve industry enormous opportunity to reduce engines of national economic growth we have a window of opportunity to businesses looking to grow. of England is calling for: in the education provision and focus energy consumption in the West of cannot use public money in the most create local jobs and growth in this on STEM subjects both of which are England by rapidly implementing efficient way to provide what local Together, these proposals would • Implementation of a South Bristol sector. Given more local control, city welcomed by the industry in the area. plans to retrofit housing and other people want, and they are limited in achieve three things: Skills and Labour Market Agreement regions would be able to purchase and We also request that Government buildings across the city-region, how they can raise investment and (SLMA), covering a minimum of five generate energy more cheaply, while • create more certainty and stability grant joint FE & HE institution to is not missed. attract commercial finance. We want years and as an early adopter of the co-ordinating benefits of smart energy over public finances which will allow Weston College, to consolidate the to work with Government to address model proposed by the Core Cities. systems or positive energy behaviours – In return for a strong regional lasting, positive reform to be level of Higher Education provision in this, and together we are calling for: This will include: to households. We want to work with partnership and commitment, delivered. North Somerset and in particular the Government will support research – A framework of coordination Government to achieve the following: • Government to return to the original • achieve the critical scale and market regeneration and growth ambitions and development activity in for all education providers in Weston-super-Mare and the J21 • Work with the Core Cities and their ambition for the Local Growth Fund, confidence needed to drive really marine renewables; align UKTI Enterprise Area. LEP partners to explore city regions allocating a flexible single pot based significant investment in growth by – A single plan and investment activity in support of the sector; having greater local control over on their SEPs, without the current allowing the West of England to framework for skills with: devolved and develop a simplified consents energy systems, potentially requirement to agree, and be share in the proceeds of success. budgets and locally commissioned regime to enable the rapid including: centrally monitored against, provision; more focus on under- deployment of demonstrator • provide the necessary freedoms to individual projects. 25s; and Advice and Guidance – A co-ordinated framework of projects coordinated with DECC, innovate with whatever funds will be Services all linked to current and Energy Service Companies the Marine Management • Government to honour their original available within an area, to create future needs of the local labour (ESCOs) across Core City LEP Organisations and the City Region Deal commitment to the most attractive environment market. partners, obtaining one or Crown Estate. explore an extension of our existing possible for investors. more supply and independent Growth Incentive to give us 100% – Local commissioning of the Work To support the development of the distribution licences. business rate retention across the Programme post-2016, with the skills our labour force needs to take West of England. option for a single performance – Making best use of the Core Cities advantage of this great expansion of framework across all core city combined purchasing power to the energy sector, we are seeking • Government to honour their original LEPs. create ‘next generation’ energy support from Government to: City Region Deal commitment to solutions and competitive develop a single set of monitoring • Establish the West of England as consumer costs through and contractual arrangements for a major centre for energy skills, arrangements such as Power all economic development funding building on the development of Purchase Agreements. in the West of England, to match our Hinkley Point and Oldbury nuclear local commitment to a ‘One-Front- – Setting tariff prices on energy we power stations. Door’ approach to local funding. produce and reinvest more taxes • Working in partnership with our from energy production. • Implementation of London Finance neighbouring LEPs to make the West Commission findings, devolving of England part of a network of elite property taxes to the West of further education provision focused England, within a framework that on energy. has a neutral affect on the rest of local government finance (allowing for ‘equalisation’)8.

8 http://www.london.gov.uk/priorities/business- economy/championing-london/london-finance- commission 4 Local Growth Fund Deal Negotiations 56|57

Transport • Building on our existing Bristol City We are asking Government to: Transport investment in and between Regional Deal, allow programme • Enable the HCA to work more 4.4 Clusters of activity our economic engines is much flexibility in project funding across flexibly with local authorities to lower outside London and is under the MetroWest Programme – both accelerate delivery of housing and There are many synergies Through a joined-up, multi sector, increasing pressure. Like skills, phases 1 & 2. economic regeneration, and to between the interventions in our public-private-people based transport policy in England is also a • Progress, with urgency, the delivery commit to further developing our Local Growth Fund programme. partnership, West of England has the patchwork of different elements under of a number of strategic funding good partnership approach into Figure 14 illustrates cross- potential to show how a city-regions different control. City regions have priorities currently outside the scope one of close collaboration. sectoral clusters of activity. multiple systems – transport, digital limited powers to raise money. Our of the Local Growth Fund, in and other infrastructure can be proposals to work with Government • Full devolution of HCA funding for These synergies are a reflection of particular funding for a new junction effectively integrated with people to on transport reforms include: housing to the West of England, the cross sectoral collaboration and on the M49, and the development of improve economic productivity and through a new framework that will opportunities in the West of England • Explicit inclusion in future plans for Bristol Temple Meads Station, both opportunity and increase quality of simplify the many different pots of and a demonstration of how smart high speed connections west of of which are critical to the success life whilst at the same time reducing funding available, and will include: specialisation is the right approach impact on the environment. London – to the West of England of our Enterprise Zone/Areas. for us. As more and more people and South Wales – as part of the – A relaxed requirement to achieve • A single settlement for the West of live in city-regions there is increasing It is commonly recognised that small planned future investment in the best value for public land in HCA England for ten years across the demand on city-region systems – and medium sized businesses drive UK network. ownership that measures best whole of public transport, with things like transport, energy, innovation. As a ‘large small city’ – value in a different way, including • Government is asked to extend the increased flexibility in the use of housing, water and health. Bristol will prove that the same is longer term economic benefits. true for urban innovation and that this electrification programme to include funds and powers to regulate As the UK's hub for creative and – Flexibility in the requirement for can be extended across a city-region. suburban rail services in Bristol, networks – the same as Transport high-tech industries, low-carbon infrastructure investment to be The five priority sectors, and the South Gloucestershire and North for London. innovation, aerospace and defence Somerset, including modern recoverable, with a cost-benefit interventions in this Plan, can enable Housing as well as community empowerment electrified rolling stock on the local mechanism that takes better this model which in turn can help Between 2001 and 2011 house prices and citizen-led activism, the West of rail service to Cardiff. account of wider economic deliver on social inclusion, inward rose by 94%, but wages only rose by England is ideally placed to invent, benefits. investment, health and wellbeing. • Simplification of the process for 29%. The nation is facing a crisis of develop, test and share smart new delivery of the MetroWest housing provision and the West of – Establishment of a housing approaches to tackling urban issues programme as well as including in England has some of the most ‘accelerator’ – a focused and to develop genuinely engaging any future franchise the whole of unaffordable housing in the country programme and ‘crack team’, ways to place citizens at the heart MetroWest network, and expediting outside London. This risks becoming working with the HCA that will of future city-region solutions. the process for reopening the a major drag-anchor on growth. review every stalled site in the disused section of the railway and West of England and identify National housing policy and the legal powers needed to run the resource needed to get programmes can act as a passenger services between sites moving. straightjacket to city-regions like the Portishead and Bristol Temple West of England. Funding is complex DCLG is also asked to work with Meads. – some 36 streams – and inflexible, the West of England to develop a so cities can’t always innovate and mechanism to obligate developers use their own resources and know- of new residential and employment how to create new housing. sites to engage with telecoms providers and make provision of superfast broadband at the construction stage. 4 Local Growth Fund Deal Negotiations 58|59

How the interventions Place and infrastructure people and skills INWARD INVESTMENT sme business support bring the vision alive

Strong impact Rural Economy Built Environmental Accessibility & Community Quality of Life, Education, Foreign Investment Expert advice Access to Moderate impact Environment Protection, Connectivity and Social Wellbeing and Skills & Investment and Promotion finance and Enhancement Inclusion Culture Knowledge Some impact Infrastructure and Resilience

Bristol Robotics Laboratory WE Centre of Power & Energy Terabit West (Broadband) BBSP Grow On Centre Quantum Technologies Solar Region Innovation in Composites for Marine Technology Retrofitting existing housing & businesses Payment for Ecosystem Services Support WE Circular Economy Business Support Business Resource Efficiency across WE Bristol Channel Tidal Energy Test Bed Advanced Technology Centre J21 Food & Drink Enterprise Centre Virtual Growth Hub Composite Bridge Construction National Composites Centre Engine Shed Phase 2 Bristol’s Createch City Cultural Infrastructure Programme Craneworks Bath Innovation WE Growth Fund Hub & Fund iNET innovation networks Package of Minor Transport Schemes Local Pinch Points Sustainable Transport Package MetroWest Phase 1 MetroWest Phase 2 Superfast Broadband Infrastucture Design & Realisation Fund Skills & Social Inclusion FE Skills Capital WE Inward Investment Programme 4 Local Growth Fund Deal Negotiations 60|61

FIG 14 Sectoral clusters of activity

Increasing Advanced Virtual business Technology Growth Hub resource Centre (N) (O) efficiency (L)

Circular Economy Business Support Services (K)

Robotics Craneworks Lab (A) (U) Retrofitting National existing houses Composites & businesses Centre (Q) (I) Bath Grow on Space Innovation (D) (V) Composite J21 Food Bridge Solar Region & Drink Construction (G) Enterprise (P) Centre (F) Terabit West Engine Shed (Broadband) Phase 2 (R) (C) Payment for Ecosystems Services Support (J) Low carbon Quantum CreaTech City WE Centre Advanced Engineering & Aerospace Technologies of Power and  Bristol Channel (S) (E) Energy (B) Tidal Energy Creative & Digital Test Bed (M) High Tech Industries Cultural Cluster synergies Infrastructure Innovation in Programme (T) Business Support Composites for Marine Energy Inward Investment (H) Skills Place & Infrastructure 62|63 Using Our Levers 5 of Growth

Our results will achieved by: To deliver our economic ambition we We will create a skills and employment plan to develop a well-motivated, offer that supports our priority sectors 5.1 People – Knowledge Economy, • effective input of business educated workforce with the right and delivers excellence in education. and education Skills and Social Inclusion skills at the right levels to meet local Our objective is that all education and • capital funding business needs – the most flexible training activity should have line of • a clear focus in Europe. Our resources to deliver sight to employment. The business this are substantial – a ‘pyramid of led skills development, linking summary • a clear set of activities to be learning’ (four universities, six education and training will address implemented and results achieved. colleges, including one sixth-form; the current and future skills needs Key issues to address to meet growth which will positively impact What we will do through other our secondary schools including of business whilst focussing on our LEP objectives 4 and 5: everyone in the region either directly mechanisms: independent academies). There is aspirations for growth, sustainability or indirectly. The model can be rolled • All education and training activity EU SIF 2015–2020 £29m for the further significant resource in the four and inclusion. out nationally. Unitary Authorities and the voluntary should have line of sight to following activities: Integration of business support and sector. Our starting position is that employment. Matching skills What we will do through the improving employer influence of skills • Social inclusion particularly while the LEP now has some resource to business needs Growth Deal 2015/16: supply will drive the creation of new focussed in South Bristol and other of its own, the vast bulk of what we products, services, businesses and The most significant investment we • FE Skills Capital projects £4.9m areas with deprivation, support for need to deliver this ambition sits with jobs and improve productivity in can make for the region is investment leveraging in c£9.7m of match NEETS, unemployed adults 19+, the providers. The two fundamental key priority sectors, social and rural in the Employability Chartermark funding support for target groups priorities are: which brings business and education businesses and areas of multiple • Skills & social inclusion activities • Support for young people 16–19 together, raises aspirations and • To develop effective and sustainable deprivation including South Bristol £2.6m attainment and delivers skills for partnership working with these as a priority regeneration area. players, • To target our efforts on a limited FIG 15 but decisive set of goals. Building Growth through Skills

Building Growth through Skills

Business Education Skills Enterprise investment Improving and Skills Capital Zone and and Employability Providers Areas promotion Chartermark IAG NEETs Unemployed Adults Social Mobility and Inclusion 5 Using Our Levers of Growth 64|65

5.1.1 5.1.2 There is a strong concentration of • Bath and Bristol are both founder 5.1.3 FE providers have been critical in Strategic fit with national Providers world class research in our universities members of the SETSquared Further Education securing growth in skill levels in our policy and skills agenda as evidenced by the Witty review’s partnership whose business sectors, such as the proposed law and Higher Education audit of technology hotspots across incubation activities have just We are home to five FE colleges – professional services academy and A number of policies introduced by As already referenced we are home to the UK. Many of these strengths are been voted best in Europe and City of Bath, City of Bristol, Norton the Enterprise Technical College in the Government will together have four universities and in the academic directly relevant to the ‘eight great 4th in the World. Radstock, South Gloucestershire North Somerset. The colleges will a substantial impact not only on local year 2011-12, the four universities had technologies’, the government’s and Stroud and Weston. The colleges be key in the next phase of growth. Our four universities are distinctly people and businesses, but also on 73,295 students, employed 10,412 Industrial Strategy Sectors, are responsible for almost 100,000 The capital projects planned by the different, but highly complementary. much of the delivery landscape for job staff and had a combined turnover technology clusters identified in students, employ 3,500 staff and colleges also reflect strongly their Together they address all of our creation, skills, Universal Credit and of £892.5m. Technology and Innovation Futures, have an annual revenue of £200m, desire to teach skills in the growth priority areas and are significant delivering courses from entry to other benefits.T hese include: The UK ambition is to be in the top Technology Strategy Board (TSB) areas. partners in our priority sectors. Master’s degree level. Together we eight worldwide for higher-level skills. priorities and the LEP’s own priority • The introduction of the Universal The universities’ relationships with have formed an FE Consortium to The contribution of further and higher In 2010 we ranked 12th. Businesses sectors. These provide the basis for Credit, replacing all Department companies in our region, from large steer college training provision education providers to the provision need higher-level skills to fuel growth. potential collaborative and applied for Work and Pensions (DWP), local corporate to innovative early start- towards the priority areas of growth, of learning is relatively well known, if Higher level skills deliver commercial research with business. authority and Inland Revenue ups, are a critical component of this ensuring our young people have the at times under-estimated, but their advantage. There are clear benefits; The universities have a long history of Strategic Economic Plan. The LEP skills required to secure employment wider impact is less well understood. opportunities to increase levels of active engagement with private sector fully supports the proposal from the • Raising the participation age from in the region. Colleges provide 33% of entrants to graduate skills utilisation across a businesses and organisations to University of the West of England 16 to 18 by 2015; Higher Education, deliver 100% of range of sectors and to ensure that encourage economic growth and job and University of Bristol to establish HNCs and 89% of HNDs, with 78% of • Further Education (FE) loans for Higher Education (HE) provision creation. They are also experienced a University Enterprise Zone. This all Foundation Degree students being those aged 24+, which may reduce locally is tailored to business need. at working together examples of this will provide clear opportunities for taught in Colleges. One-third of the capacity of those in employment include: innovation and university-business The Witty Review has also strongly A-level students aged 16 to 18 study and aged over 24 to improve their interaction in line with the proposals of emphasised the key role of • Establishment of Bristol and Bath at a College and 44% of those employability; the Witty review and with LEP strategy universities in driving innovation and Science Park. achieving a Level 3 qualification by as set out in this Plan. Selected • Higher university fees; economic growth. HE can deliver: the age of 19 do so at a College. • Delivery of VentureFest Bristol. university capabilities across the • The changing focus of the Funding a) Up skilling and re-skilling of the FE priorities for action are: • National Composites Centre (NCC), area in summary include: Agencies e.g. the movement of existing workforce to meet business • Working with business to match utilising the research strengths of the social inclusion funding from needs and changes in technologies training to the growth industry the University of Bristol. Education Funding Agency (EFA) and industry structure. For the priorities of the LEP and ensure • Composites and advanced • Creative and digital media to local authorities. West of England this means a focus • The has built the region has the talent pipeline materials on tailored skills and professional on over 20 years of research • Games and mobile systems needed. development for individual collaboration in advanced • Catalysis and synthesis chemistry • 3D manufacturing • Increasing employability skills businesses, specific business automotive engineering to sectors/subsectors e.g. composites, • Robotics and autonomous systems in students. reduce CO2 emissions. • Asset pricing and risk management renewable energy and on up • Biotechnology and bio sensing • Improving destination tracking. skilling/re-skilling of ‘mature’ • Bristol Robotics Laboratory, formed • Healthcare and assisted living students to increase the overall between The Universities of West • Microelectronic design technologies-life sciences • Aligning long-term capital and supply of relevant graduate skills of England and Bristol, is the largest • Power engineering • Optical and wireless networks estate investment to match the in the local labour market. in Europe. skills needs and opportunities • Low carbon technologies • Quantum technologies and in jobs. b) Matching university graduates • SPHERE (Sensor Platform engineering • Agri-Science to employers through effective for Healthcare in Residential • High performance computing recruitment and selection Environment) £11.7m led by • Electrical energy management processes. Bristol Uni, attracts private sector and big data investment (e.g Toshiba and IBM). • Vision and imaging technologies

• Silicon South West, a network established and supported by the University of Bath that has helped the silicon design and microelectronics sector in our region. 5 Using Our Levers of Growth 66|67

5.1.4 5.1.5 5.1.6 The process used has been based 5.1.7 b) Improving Careers Schools Create a more responsive West of England 5 year Skills on the Skills Funding Agency (SFA) Improving Employability: Information, Advice skills infrastructure Capital Investment Plan process and includes an assessment What Needs To Happen? and Guidance (IAG) We recognise how essential it is of the proposed projects by both the Young People that young people are inspired and Better education could add £8trn to Our Skills Capital Investment Plan WE LEP Skills Team and a verification a) The Employability Going in the Right Direction, an informed about their future world the UKs economy over the lifetime will identify the capital investment of investment decisions by a panel of Chartermark (ECM) Ofsted report published in Sept 2013 of work so that they can make the of a child born today – equivalent of priorities to deliver the skills needs of business representatives from our Nearly a third of our newly qualified finds that the arrangements for right choices of learning and skills 1% to GDP each year. By improving employers across our area. It will be Skills Sub-Group to secure private graduates are taken on by businesses careers guidance in schools are not opportunities, and develop their own employer engagement, we have the reviewed annually and will have at its sector involvement in the overall in the West of England. This supply of working well enough. Three quarters talents and interests. We are taking potential to transform the local skills core a rationale based on collaboration process. highly qualified graduates is essential of the schools visited for the survey a proactive approach in fostering agenda and the opportunities for and agreement with key skills training in building a high skill, innovative, were not implementing their duty to We are making an overall skills capital close liaison between schools and employment and growth. It is no providers, public and private partners, knowledge-based economy rooted provide impartial careers advice request for 2015/16 of £4,852,000 this employers, and also in developing small challenge and means raising employers and the SFA. Identification in smart specialisation. effectively. We will: employability skills in young people. aspirations and attainment across of the skills capital assets required will funding will contribute to the costs of Our local schools produce over 6,000 the education system, and creating be achieved through the following 7 individual projects which are set out • Increase the amount of experiential This work extends the national year 11 graduates annually and the the right mix across the workforce stages: in our Local Growth Fund programme activity available across the area context of a revised curriculum for fiveFE colleges together produce to boost productivity and grow at section 4 of this plan. If successful for young people, e.g. World Skills, schools in England which emphasises • An analysis of the skills needs 83,000 students at any time. industries. It means working to ensure with the initial request for funds for Teentech, Have a Go, An Hour of the application of skills in a wider of West of England employers even those furthest from the labour the 7 individual projects, the detailed Our ambition that every young person Code etc. world, including enterprise and identified within the EW LEP second stage application process market have opportunities. (5-24 years) in the West of England is • Undertake activity to raise industry. The new curriculum has Skills Plan (which is reviewed will be run with the support and able to participate in the Employability aspirations and attainment of been described by the Prime Minister This can be done by: and refreshed annually). involvement of the SFA and their as ‘a revolution in education’ that Chartermark (ECM) scheme at least young people. • Developing a strong understanding • An assessment of the skills technical team. once during their education. Currently is vital to the country’s economic • Pathways to Professions – run a of local employers skills needs to infrastructure including capital 2016/2017 – 2019/2020 West of all four HE and all five FE institutions prosperity, for example, in proposing series of business led events increase provision that is relevant assets required to address England Skills Capital Projects participate and in its second year, the that computer skills are taught at a delivering careers information and level suitable for a future workplace, to local business, both current and these needs. Providers in the West of England have programme has over thirty secondary future. schools (including special schools) routes in to those careers to careers and maths is taught as a ‘foundation • A gap analysis of capital assets for also supplied the WE LEP with 15 participating. A primary school model professionals. to understanding the world’. Priorities • Supporting the development of current and upcoming needs which projects which meet our stated Skills is in its pilot stage as it is very for action across schools are: courses to meet key sector needs will require investment. Capital priorities for the academic • Build a portfolio of business important to engage with pupils at a e.g. coding & programmers for years 2016/2017 – 2019/2020 which speakers volunteering for local • Increasing employability skills We will secure solutions to the Capital younger age to raise their aspirations core gaming engines or increasing are also detailed at section 4 and educational organisations and in school students and raising investment needs identified, taking and inform them early. The ECM for employer led degree courses in Appendix 2. Unlike the projects for establish a site where businesses aspirations. full account of the views of providers, educators includes: mechanical, electrical, composite 2015/2016 these projects have not can ‘pledge’ to contribute to the who are expected to contribute • Improving the vocational skills and design & development been run through the robust SFA • Business input to curriculum and IAG delivery. substantially to the total costs of any and market knowledge of school engineering, BIT, LEAN and REACh process detailed above but we have programme design and content, project delivered with Skills Capital Adult s (19+) students to enhance their chances manufacturing techniques. mapped them against our priorities. development delivery and review. funding. The delivery of projects will We will look to centralise, coordinate of employment. They contain a mixture of new build and share local Labour Market • Building strong relationships and be monitored, including the impact of and remediation of existing estate • High quality IAG, current labour • Improving information, advice regular dialogue between business the resulting capital asset to ensure market information and global Information (LMI) funded through EU projects. The overall costs of these SIF. We will ensure that LMI is readily and guidance (IAG) for all school and providers, through activities they achieve their stated aims and projects is £23,246,233. and cultural awareness. learners. such as our immersion events. meet the initial financial request. available and easily understood by all, • Work placements, internships and to allow individuals to make informed • Simplifying employer engagement 2015/16 West of England Skills work experience. choices on education and training policies and processes across Capital Projects and Estate Businesses who engage in the ECM options that would have the greatest providers. Condition Funding are also able to achieve the award chance of leading to full-time To date the WE LEP has conducted the • Ensuring there are training and and are recognised and celebrated employment. This will include: first analysis ofS kills Capital learning opportunities for all levels for their contribution to the learners. investment priorities and has sought • Promoting priority sectors of skill, not just at the higher end. Expressions of Interest for projects as employment choices. which address those priorities and • Identifying new and changing which can be funded in the 2015/16 job roles/profiles. academic year. This has been • Identifying growing/shrinking achieved through a robust and sound sectors. procurement process focused on providers from the Further Education and Private Training Provider sectors. 5 Using Our Levers of Growth 68|69

• Identifying and anticipating new • Commission activity under EU SIF to • Developing alternative pathways to • Activity support for the removal f) Enterprise Zone and Enterprise • Continue our dedicated resource opportunities, external trends and deliver a locally driven approach to employment through actions that of particular local barriers to work, Areas Pre-Recruitment to support the recruitment of local advantage, specifically where reducing levels of NEET and also will encourage participation by including basic skills (literacy & training (19+) apprenticeships, in particular the jobs are likely to be in the short, supporting those at risk of NEET. mature job seekers, particularly numeracy) and life skills, access We will work to ensure local residents by SME's. medium and long term. Enabling these young people to those without academic to flexible and affordable childcare, benefit from employment • Development of more Level 3+ become work ready with the qualifications, with self-taught skills learning difficulties and disabilities, opportunities within all our EZ/EAs • Communicating this information apprenticeship opportunities. employability skills, job specific or on the job learning etc. These access to transport, debt, digital focussing around pre-employment as widely as possible. skills, motivation and attitude they could be aligned with Universal exclusion and English for Speakers training. Businesses will be involved • Build on our sector engagement • Ensuring focus on our Enterprise will need to gain and sustain Credit and encourage a learn of Other Languages (ESOL) to in developing the programme to with a series of tailored events Zone and Enterprise Areas and employment is challenging. Close and earn model. enable workless people to move ensure relevance, linked to business and activities. including lower level skills. collaboration between business and into training and/or compete in recruitment activity and offering • Promoting entrepreneurship, social • Assist SMEs to engage with education will be critical. the local labour market. guaranteed interviews. • Creating opportunities for NEETs enterprises and the move into self employer ownership funding (Not in Education, Employment • Create a cost-effective personalised employment. • Additional support to specific target In addition to working with the supporting the development of or Training), those with Learning programme of engagement, groups such as lone parents, carers, existing business base we will geographic and supply chain models e) Improve Social Mobility Difficulties and Disabilities and support and skills training. This will ex-service people, ex-offenders and develop a strong skills support such as the aerospace supply chain and Social Inclusion others for whom entry to the include literacy and numeracy those with health issues. offer including subsidised training –in Filton. Endemic social exclusion and labour market is challenging. focused on individual needs and for the foreign and direct investment poverty has a substantial effect on • Activity to further open up pathways • Focus on up-skilling/ re-skilling of helping with access to work opportunities generated by the We will also look to expand the face to communities and their wellbeing into higher and further education for the existing workforce to meet experience to prepare for the world Inward Investment Team. face element of the National Careers and has a disproportionate call on under-represented groups through business needs and changes in of work, including Traineeships and Service locally, to ensure local people resources. Diminishing numbers of widening participation initiatives. g) Supporting business growth key technologies, businesses and Apprenticeships. can access good quality, relevant and low skill jobs and the competition for This will build on the existing work through skills (19+) sectors including those in rural impartial advice. d) Support for Unemployed these jobs increases difficulties for of the four Universities and local Our recent establishment of Sector areas. Adults Aged 19+ c) Support for NEET/Risk of NEET those trying to access to the labour colleges in operating strong Skills Advisors has meant that • Promote the development of The 25-49 claimants is the largest The West of England has a particular market. Low skilled jobs still exist in partnerships with schools and dedicated resource is in place to focus modular courses to more easily claimant group in the West of England challenge with a rise in long term substantial numbers, albeit offering colleges, outreach programmes on the key LEP industry sectors, support returners to work, after (consistently 56% of the total). claimants amongst the 18-24 age low pay and generally poor conditions. and targeted bursaries. building routes for apprenticeships, childcare, in their career progression Evidence suggests that assisting business engagement in provider population. 16-18 year olds are well The real issue is not that there are no • Actively engaging ‘civil society and mobility, particularly in the those in this category offers delivery, co-design of provision represented in the learning jobs for low skilled people, but that organisations’ in seeking ways to health sector. significant potential for business particularly around emerging population, but numbers decline many low skilled people, especially tackle social inclusion and combat impact. technologies. Through EU SIF • Promote universities and colleges to dramatically in those aged 18-24. those with no qualifications, are poverty in an integrated, well funded activity we plan to: employers as progression routes for The proportion of young people who We will commission activity under unable to compete successfully for managed and consistent way. employers employees in order to are NEET rose in most parts of the EU SIF to deliver actions which enable those jobs which are taken by others • Expand the Skills Advisors across Employer Ownership of Skills maintain the competitiveness of West of England over the last year, this group to gain and sustain who are better qualified or have additional LEP industry sectors. Employer ownership of skills is critical the existing workforce. while it fell in most other LEP areas employment across the West of greater skills. to delivering our vision, particularly • Support the development of co- and nationally. Also notable is the England based on a comprehensive The West of England has deprivation the improved engagement of business design provision (business/provider) progressive rise in the number of knowledge of the local job market ‘hot spots’ which are amongst the and significantly around SMEs. to meet sector priorities through our young people who are NEET from and economy. This will include: most deprived areas in the country, Momentum is building up behind the FE and HE partnerships such as the age 16 up to age 18. • Delivering retraining opportunities yet are adjacent to some of the least idea of routing funding directly to development of new low carbon There are considerable opportunities for those with now outdated skills. deprived areas of the country. employers to ensure skills provision apprenticeship models (solar to provide more skills training for These will be linked where Often unqualified individuals cannot is more aligned with business needs. installation etc). people seeking to enter or re-enter appropriate to the Universal compete successfully because they the jobs market. Through the SEP Credit scheme. face other disadvantages (such as ill we will: health or caring responsibilities) that place them at the end of the labour market queue. We will commission through EU SIF: 5 Using Our Levers of Growth 70|71

FIG 16 5.2 Place and Infrastructure West of England Priority transport investment map summary

Key issues to address to meet • A cohesive, strategic approach to What we will do through other

LEP objectives 1 to 5: the delivery of our infrastructure mechanisms: To the Midlands to unlock and accelerate growth and the North • Place-making to enable growth and • £240m+ existing Major Transport in new jobs and homes. 14 strike the correct balance between schemes (£136m from DfT and the social, economic, cultural and The most significant investment we remainder local contribution). 2 Thornbury environmental factors that are vital can make for the region is in our To South Wales • £500m Economic Development 1 to delivering sustainable growth and MetroWest and Package of Transport and Cardiff M5 to deliver Critical Infrastructure M48 prosperity for all. Deliver 90,000 schemes. M4 over 25 yrs. 21 new homes across the area and 22 What we will do through the 70,000 jobs at our EZ /EAs and • £56m Revolving Infrastructure Filton Enterprise Area SOUTH GLOUCESTERSHIRE Growth Deal 2015/16: 15/20 priority locations. Fund to accelerate growth at 7,000 – 12,000 jobs 16 • Local Sustainable Transport Fund our Enterprise Zone and Areas. M49 • Transport investment to improve North To Swindon Bristol 17 Fringe and London connectivity and accessibility for • Package of Transport Schemes • Working with delivery agencies: Docks business and our communities. Network Rail, Highways Agency, Avonmouth Severnside Royal 19 • Development costs for Metrowest Portbury Defra and HCA on shared priorities. 1 Phase 2 and Phase 1 shortfall Enterprise Area Docks 18 M4 18 Portishead Emersons Green 6,000Severn – Estuary14,000 jobs BRISTOL M32 • Pinch Points 19 2 Enterprise Area

• Infrastructure realisation scheme 3 4,000 – 7,000 jobs

Clevedon Kingswood Place-making is a key enabler Well planned developments can The Localism Act 2011, requires 20 of growth. It aids the flow of also add to the unique character Local Authorities to work actively, J21 Enterprise Area everyday life, opens spaces for and quality of the built and natural constructively and on an ongoing 9,000 jobs M5 living, business, cultural and environment and contribute to basis under the Duty to Cooperate. Keynsham recreational activity, creates a reducing carbon emissions. This Authorities should ‘Plan Strategically Bristol Airport sense of community and pride includes moving our centres and across Local Boundaries’ on issues South Bristol and promotes well-being and high streets beyond retail, becoming such as planning and transport. We 10,400 jobs Bath 21 NORTH SOMERSET social inclusion. Our culture and more resilient and relevant through have a well established partnership, Bath City Riverside lifestyle is an important aspect strategic management and resource a Place and Infrastructure team which Weston-super Mare Bristol Temple Quarter BATH AND NORTH Enterprise Area of our sense of place. To achieve co-ordination. coordinates joint working on these EAST SOMERSET Enterprise Zone 9,000 jobs our shared economic, social and strategic activities and robust sub- environmental objectives we 5.2.1 regional governance to help us work 17,000 jobs Midsomer Radstock are committed to taking an Strategic fit with national together effectively. Our West of Norton integrated approach so these England Duty to Cooperate schedule policy To the South West co-dependent aspects are identifies joint working activities on delivered sustainably. The way in which businesses operate cross boundary issues. and people live their lives goes beyond The timely provision of physical Following public consultation in 2013, their local area, particularly when Existing Network Transport Major Schemes New Jobs to 2030 MetroWest Phases 1 & 2 infrastructure is an important aspect the schedule was endorsed by our accessing markets, jobs, major Motorway MetroBus enterprise Zone existing rail services of place-making and is necessary Planning Homes and Communities retail and leisure destinations, local Authority Boundary metroBus Feeder Service enterprise Area (local and inter-regional) to unlock or accelerate growth. Board and is available on our LEP healthcare, further/higher education transport Links other Major Employment Site Portishead to Our communities deserve well website. opportunities, and open spaces. transport Package Priority Growth locations Portishead to Bristol planned, high quality and well We also recognise importance of new Park & Ride Site bath to Bristol Temple Meads integrated developments. This (and extension to Severn Beach) non-statutory place-making and will create successful places which Weston-super-Mare to Yate the West of England also benefits function well, reflect and sustain henbury to Bristol from a Local Nature Partnership the diversity of our communities. Temple Meads to assist in this. 5 Using Our Levers of Growth 72|73

5.2.2 Alongside the physical infrastructure 5.2.3 With growing uncertainty surrounding 5.2.4 New housing, particularly much Area Opportunities for to unlock growth a package of Alignment with key delivery conventional sources of funding for Housing needed affordable housing, is unlocking Growth interventions at our EZ and EA’s agencies investment plans. development, and reduced public required. Together we have an including business support, digital funding available in particular, it will Providing jobs and homes in the ambitious programme for growth, A key part of making the region highly inclusion, investment and promotion Key delivery agency investment plans be important for us to redouble our right locations and at the right time, with a minimum of 90,000 homes attractive to inward investors and will be required. include improvements to road and rail efforts to work closely with our is intrinsically linked to the future currently being planned for in Core existing companies is dependent upon infrastructure, with a particular focus partners. economic prosperity of the area. Strategies. having a cohesive, strategic approach There are a number of other key on increasing connectivity between We need to ensure the right conditions to the management of the region’s developments planned in the West of the Enterprise Zone and our network We need to ensure our priorities are for businesses to grow. By providing The West of England Strategic infrastructure. England which will provide a catalyst of Enterprise Areas. clearly articulated so that we make it for a range of housing types, the area Housing Market Assessment (SHMA) to accelerate growth and attract easy for our partners to understand will retain and attract the workforce is an important part of the evidence We support a plan led approach that more private sector investment. There are a number of large scale where our objectives are shared and required, which will support base that informs the preparation and maximizes investment opportunities infrastructure proposals that due to to see the benefits of investing in the ongoing monitoring of core strategy The Bristol Arena project is a 12,000 sustainable economic growth. to unlock growth and accelerate the scale and complexity are not yet West of England. policies. The SHMA is currently being capacity indoor entertainment venue, delivery of our priority locations. fully funded. We are working on these We need to continue to provide commissioned to support local plan due to be located on the former diesel Working alongside delivery agencies, This approach ensures that jobs and jointly with: housing at priority locations and reviews post 2016. The strategic depot site adjacent to Temple Meads Homes & Communities Agency, housing are delivered in the right generally across the region to meet planning implications resulting from railway station in central Bristol. • The Highways Agency on the M49 Highways Agency, Network Rail, locations at the right time, supported local needs. This includes smart use the updated evidence base will be A 21,700 seater stadium, to be the new junction, a scheme that is Environment Agency, Natural by necessary and efficient use of of small infill/brownfield sites as well addressed through a West of England new home of the Bristol Rovers critical to unlocking the Avonmouth/ England, English Heritage and Local supporting local and strategic as larger strategic housing sites. Our joint planning strategy prepared by football club is planned in South Severnside Enterprise Area. Nature Partnership to achieve buy infrastructure. Our strategy approach is to secure investment in the four authorities, working with Gloucestershire. The stadium will be in to our vision and to establish our demonstrates strategic fit with • Network Rail on the transformational the infrastructure that is required to adjoining authorities external to the a state-of-the-art asset for the region shared priorities, we have developed development and transport proposals for Bristol Temple Meads support more sustainable patterns of West of England where necessary. providing a venue for football, rugby a series of priority investment maps. investment. Station, which is at a unique pivotal growth, and maximise the social and Building upon the current West and other sports activities. point in time driven by the advent of The maps illustrate the location and environmental benefits.A planned This Economic Plan in relation of England Strategic Framework, investment in rail infrastructure and density of investment plans by the approach will enable us to target to Place and Infrastructure is Planning permission has already been the West of England Joint Planning the creation of the Enterprise Zone various public sector delivery our resources to provide necessary integrating our: granted on a number of schemes but Strategy will provide a formal to deliver 17,000 jobs over 25 years. agencies. Detail of the investment infrastructure that can accelerate the • Enterprise Zone and Enterprise to ensure wider community benefits coordinated strategic context The opportunities of this plans are at Appendix 6. delivery of much needed new homes. Areas and ensuring that they are are fully realised, to meet exceptional to inform local plan reviews. infrastructure costs, and to secure regeneration links to the entire Our Strategic Framework is available Our Economic Plan will enable a faster inclusive so that the prosperity We are committed to delivering timely delivery, forward funding from station area, and its surrounds, on our website. It identifies pace of delivery of homes. may be shared by other areas. sustainable community developments public sources may be required. including the Bristol Arena scheme. infrastructure requirements informing To demonstrate we are open for that offer a high-quality living • Complementary priority growth It also links to wider West of England the Revolving Infrastructure business the LEP Infrastructure and environment with a sense of place, locations, including South Bristol as objectives for connectivity and Programme and Growth Incentive Place Group has established three embracing our low-carbon agenda. a regeneration area. accessibility particularly to London. element of the West of England City working groups to take forward the Network Rail have funded the study Our housing plans include retrofitting • City Deal commitment and pooled Deal. It adds value to local-level following joint actions: itself but are not funded for station existing housing stock improving funding arrangements- Economic strategies by: enhancement works or those for the • Planning Toolkit – to streamline environmental standards and energy Development fund comprising wider Enterprise Zone. • Accelerating sustainable economic the planning process, and build efficiency. pooled business rates, revolving growth, by joint action to stimulate confidence between the infrastructure fund, growing • Defra Agencies on flooding solutions investment. development industry, Councillors places funding. at our Enterprise Zone and Areas. • Greater efficiency through collective and our communities. • HCA on affordable housing and influence, joint working and • Infrastructure group – to identify enabling infrastructure. investment planning. requirements and maximise Priority investment maps • Encouraging creative solutions funding opportunities to deliver The scale of the challenge to realise to bringing forward sites and infrastructure and accelerate our ambitions is significant and cannot overcoming market failures around growth at priority locations. be delivered by the LEP alone. It will viability issues through collaborative • Housing Delivery Group – require significant collaboration, working with the development measures to accelerate delivery private sector investment and joint industr y. of housing sites with planning funding of many public organisations • Delivering better schemes permission (approximately and Government departments. We 17,000 units). recognise that our potential can only through targeted investment be achieved through finding new ways and co-ordinated delivery. in which we can secure the investment required to stimulate growth. 5 Using Our Levers of Growth 74|75

Housing associations-working 5.2.5 5.2.6 5.2.7 MetroWest requires the four tracking Electrification (2015 to 2018) in partnership to deliver Transport Major Schemes Rail (2017 to 2028) of between Bristol Temple We want MetroWest to be fully affordable homes (2014 to 2017) Meads and Bristol Parkway. The final electrified. Electrification of the Great New housing development of all types Transport is critical to support planned MetroWest, our ambitious rail decision on funding is expected from Western Mainline between London is critical in delivering affordable economic growth in the West of Key to delivering economic growth proposals, comes next delivering: the Office of Rail Regulation. Network Paddington and Bristol (via Bath Spa England. Atkins’ report “Unlocking Our homes. Local authorities proactively is our £240m+ programme of five • MetroWest Phase 1 – half hourly Rail are confident funding will happen and Bristol Parkway) is coming and Potential: The Economic Benefits of work with the development industry major transport schemes which offer train services for the Severn Beach with construction taking place 2015 will reach Bristol by 2017 with new Transport Investment in the West of to achieve affordable housing on all strategic fit with our EZ and EA Line, local stations between Bristol to 2016. InterCity Express (IEP) services new developments. The Housing England” found that our programme spatial strategy: starting in 2018. But we want the Temple Meads and Bath Spa We need new rolling stock to deliver Associations also play a significant of transport schemes will unlock rest of the local network electrified • Bath Transportation Package (Keynsham and Oldfield Park) and MetroWest. The perfect opportunity is part in delivering affordable housing 20,000 jobs and generate £1.2b in extending electrification to Weston- – £27m investment in transport on the line to Weston-super-Mare presented by the cascade of the Class in the West of England. Three of the GVA per annum by 2030. Bringing this super-Mare, Yate and the Portishead, infrastructure tackling the city's (Bedminster and Parson Street) and 165 ‘Thames Turbos’ trains following four Local Authorities in the West altogether is our Joint Local Transport Severn Beach and Henbury Lines. current and future traffic problems the reopened Portishead Line (Pill electrification of the Great Western of England have transferred their Plan 3 (JLTP3). With its 15 year vision, We will continue to champion the case and supporting economic growth, and Portishead). Opening 2019. Main Line. Class 165s provide greater housing stock to housing associations: 2011 to 2026, the JLTP3 has five goals: for extension and rolling stock with including 9,000 new jobs in the Bath capacity, passenger comfort, speed South Gloucestershire to Merlin, Bath • MetroWest Phase 2 – half hourly the Department for Transport and • Reduce carbon emissions. City Riverside Enterprise Area. and acceleration. Equally it will enable and North East Somerset to Curo, and train services to Yate and hourly Network Rail and to this end we have Construction complete 2014. existing rolling stock to be further North Somerset to Alliance. Bristol • Support economic growth. services on a reopened Henbury commissioned a study due to report cascaded to other parts of the South City Council transferred a section of • Weston Package – £14m line. With the ambition to re-open as in April 2014. • Promote accessibility. West to meet increasing passenger their stock to United Communities, investment opening up the Weston- a loop subject to full business case demand and facilitate additional new Working with the Heart of the South but still retains the bulk of its housing • Safety, health and security. super-Mare J21 Enterprise Area and and with additional stations at services. We ask the Department for West LEP we will support the further stock some 28,000 homes. The its 9,000 new jobs, with schemes Horfield (subject to suitable location) • Improve quality of life. Transport for the cascade of Class extension of electrification from majority of affordable housing across for cars, motorcycles, bus and rail and Ashley Down. Opening 2021. 165s to the West of England. Weston-super-Mare to Taunton and the West of England is managed and The JLTP3 aims to provide the passengers, cyclists and • New stations package – Saltford, Exeter for Intercity Express Project maintained by housing associations services and infrastructure to deliver pedestrians. Construction was Beyond MetroWest Phase 1 and 2 Ashton Gate and Corsham (Wiltshire and local electric train services. This (some 42,000 homes), this includes and support the expected growth in completed in February 2014. and through the new Great Western Council scheme) implemented as will improve connectivity and faster small and specialist organisations jobs and homes and the sustainable Franchise we will work with our transport to enable people to get to • MetroBus – £200m investment in opportunities and funding arise over journey times to the South West. as well as large national players. three rapid transit routes (Ashton the period 2017 to 2028. neighbouring LEPs, Heart of the South their jobs, homes and services. West, Gloucestershire, Swindon and Rail Network Resilience The West of England has significant Vale to Bristol City Centre, North We are working closely with Network Wiltshire and Oxfordshire, and the The rail network is vulnerable to funding opportunities and the Housing Fringe to Hengrove Package and Rail and First Great Western on train operating companies, on adverse weather conditions and Associations are investing heavily the South Bristol Link) delivering a delivering MetroWest. extending services to Gloucester, particularly flooding. With our in our area to help us meet our network of high quality, modern, Taunton, the West Wiltshire towns neighbouring LEPs we support the affordable housing needs. The current reliable, fast, ‘smartcard’ ticketing, MetroWest links up major growth and Oxford. Network Rail investment to reduce the development programme across 6 integrated and easy to use services. areas at the Temple Quarter impact of events and provide where of the largest housing associations MetroBus will serve the Temple Enterprise Zone (17,000 new jobs) at The importance to the regional possible alternative routes. For the is some £954.1 million. Quarter Enterprise Zone (17,000 Bristol Temple Meads and the five economy of the Cardiff to Bristol to West of England disruption to Bristol new jobs), South Bristol employment Enterprise Areas including Weston- Portsmouth route and the need for Future Development Programme Parkway to London Paddington area (10,000 new jobs) and the super-Mare J21 (11,000) and Bath City enhancements is recognised. As part Despite the challenging economic services caused by flooding in Emersons Green/Science Park (up Riverside (9,000). MetroWest will play of the Hinkley development and to environment and recent reductions Chipping Sodbury tunnel is of to 7,000 new jobs) and Filton/A38 an important role in bringing these maximise access and sustainable in government subsidy for the great concern. Enterprise Areas (12,000 new jobs) major employment centres closer to travel we will support the Heart of development of new affordable as well as linking new housing areas the skilled workforce catchment, by the South West LEP’s ask for two to housing, housing associations in the and addressing congestion hot simultaneously enhancing access to three trains per hour between Bristol, West of England continue to plan for spots. Construction complete the local train network and enhancing Weston-super-Mare, Taunton and growth. The future development 2016 to 2017. train service frequency. Major Exeter whilst maintaining half hourly programme is some £702.2million. employers will have a larger skilled services to all local West of England Housing Associations are working workforce pool to draw on within a stations. with us to highlight the potential 30 minute commute and this will play constraints on delivery and the a part removing barriers to inward support they need to enable delivery. investment. 5 Using Our Levers of Growth 76|77

5.2.8 5.2.9 5.2.10 5.2.11 5.2.13 Our ‘natural’ capital and infrastructure Public transport, cycling Local Sustainable Transport Roads (2011 to 2026) Securing Long term is essential to safeguard investment and walking (2011 to 2026) Fund (LSTF) – 2011 to 2015 Sustainable economic in economic development. Investing We recognise the continuing As an international gateway, the Port in this infrastructure will support Our JLTP3 strategy for supporting Awarded £24m of funding in June importance of managing, maintaining has key advantages including: a Growth other thematic objectives such as economic growth is to provide an 2012 the West of England Sustainable and where necessary, extending our deep-water container ship capacity, a With a significant investment in new de-carbonising priority sectors, affordable, low carbon, accessible, Travel (WEST) project focuses on highway networks to ensure the strategic location with large population infrastructure across our Enterprise skills development, diversity of integrated, healthy, safe and reliable supporting sustainable travel choices movement of goods and services catchment providing proximity to the Zone, Enterprise Areas and urban employment opportunities and transport network taking people, at key transition points in people’s both within the West of England consumer markets of the South West, extensions, we believe we can be at social inclusion. It is also a critical goods and services where they lives – education, adulthood, changing and to national and international South Wales, and the centre of change within the component of success in other sectors want to go. jobs and moving house. Funding has designations. To this end, our major London, two dedicated motorway construction industry, creating of our economy such as tourism, rural also been used to provide new bus transport scheme programme junctions (Avonmouth and Portbury) We have already improved public opportunities for growth through enterprise, sustainable food economy services such as the X1 to Weston- includes new highway schemes that and rail connections, 1000+ acres of transport with the £80m Greater innovation in materials use, and health, whilst also driving social super-Mare with wi-fi and leather seat are targeted at economic growth, land ready for development, and the Bristol Bus Network scheme and techniques and processes and the enterprise. There is significant equipped modern buses. An earlier namely: ability to handle a wide range of cycling and walking with successful application of technology. New potential for investment projects in bid built around six ‘Key Commuter commodities. Cycling City and Local Sustainable • Weston Package and M5 Junction 21 and existing infrastructure and the West of England to be Routes’ successfully attracted £5m Transport Fund (see below) bids. We Bypass to facilitate economic growth Plans for a new deep sea container development will also need to be complementary between low carbon, funding in 2011. Total cost of the have recently been awarded Cycle at Weston-super-Mare. terminal at Avonmouth will resilient to the changing weather climate change adaptation and package was £12m. The LSTF work Ambition and Better Bus Area 2013 substantially add to rail freight traffic patterns associated with climate environmental protection and is now the driving force behind our • Stoke GiffordL ink (in North Fringe funding and will seek to continue to along with biomass traffic to formerly change. Our low carbon agenda resource efficiency objectives. approach to smarter choices, cycling to Hengrove Package) to support improve sustainable travel options. coal powered power stations. includes: and walking. Recognising this we are growth in north Bristol. • management of waste and 5.2.14 Through the JLTP3 we will continue to submitting a West of England bid to • South Bristol Link to enable 5.2.12 Energy Infrastructure increase the attractiveness of public Government for 2015/16 revenue materials, regeneration in South Bristol. Airport transport, cycling and walking by: funding, and have included £3m • low carbon energy and energy We have significant existing and We will also: proposed national energy • Delivering the MetroBus rapid of capital match for 15/16 as an Bristol Airport was crowned ‘Business efficienc y, intervention within the SEP current Airport of the Year’ in 2012. Passenger infrastructure projects including transit network. • Adapt the highway network through • environmental performance of two year programme. We have been numbers continue to grow. The Seabank gas fired power stations, the engineering schemes and measures buildings, place and infrastructure, • Working with bus operators to progressing the development and to ease congestion, increase safety, number of people passing through the Hinckley C grid connections project provide and market services more promotion of smart ticketing for public improve the quality of life for local terminal in 2013 was up 3.4 per cent • greening transport (and non- and the proposed Oldbury Nuclear responsive to local demand focused transport and have recently launched people and encourage public compared to the previous year, taking transport), Power Station. on customer satisfaction, reliable, several smart products including a the annual total above six million for transport use, walking and cycling. • making businesses more resource We also have significant potential for frequent and comfortable. successful Park & Ride ticket in Bath. the first time since 2008, and only the efficient, the development of on and offshore A South West bid is being submitted • Maximise the operational second time in the Airport’s history. • Introducing a smart travelcard. effectiveness of traffic signals and renewable energy to provide clean to the LSTF to support our work with Infrastructure development is on- • exploring opportunities for district low carbon energy for the future and • Taxis and private hire vehicles extend the use of Urban Traffic wider partner authorities and going in preparation for 12m heating networks at our EZ and are committed to playing our part in playing as wide a role as possible Control systems where appropriate. operators, which we fully support. passengers in 2020. Passengers can EAs. delivering the UK target for 15% in the public transport system. • Develop an Intelligent Transport fly direct fromB ristol Airport to over Our natural assets are a major driver of total energy consumed to be • Working with the rail industry to System (ITS) for the West of 100 destinations in the UK, and of economic growth and influence on generated from renewable sources increase capacity and improve England to build on the work of Europe including, Barcelona, Geneva, our economy. The West of England by 2020. Developing our renewable services and access to stations. the Bristol Traffic Control Centre, Madrid and Paris. Bus services to aspires to capitalise on this and to energy potential represents a large- improve journey times and the airport run from Penzance and scale distributed infrastructure • Promoting ferry use through wider lead the rest of the UK economy reliability, reduce delays and , Swansea, Cardiff and challenge and we will need to make publicity and greater integration in demonstrating that the natural emissions and tackle congestion Newport, Bristol, Bath and Weston. sure that we have sufficient grid with other public transport services. environment and business can be hotspots. good for each other. We want a future capacity to allow for the transmission • Focusing on ambitious cycling and • Ensure our road network is resistant that is nature rich to protect us, of locally generated renewable energy walking projects, creating a step and adaptable to the impact of provide for us and inspire us. as well as energy from national change in sustainable travel. climate change. infrastructure projects. • Enhancing facilities for walking and cycling for example through Government funding bids, Rights of Way Improvement Plans and other initiatives. 5 Using Our Levers of Growth 78|79

Figure 16 & 17 5.3 Investment and promotion West of England evidence Inward Investment summary Remain as we are… 1500 Key issues to address to meet What we will do through the LEP objectives 1 and 3: Growth Deal 2015/16: 1200 Visitor Marketing, Account Invest Bristol and Bath Service Management, meetings, incentives, What we will do through other 900 conferences, and events (MICE), and mechanisms: a digital marketing platform. The 600 most significant investment we can UKTI activity make for the region is in the Invest 300 in Bristol and Bath investment and promotion programme of activities. 2003 2005 2007 2009 2011 2013 2015 2017 2019 2021 2023 2025 2027 2029

Businesses from city-regions The two charts below, from with positive, differentiating, commissioned research by OCO, With investing in investment and promotion marketing identities use this asset to show that concerted investment and compete internationally. promotion activity could generate 3000 City-regions themselves use it 1,770 new jobs per year in the West of to attract visitors and inward England. Similarly, over the next three 2700 investment, which is why many years Bath Tourism Plus and city-regions now systematically Destination Bristol aim to grow the 2400 develop their brand identity. value of the region’s visitor economy by £61m, creating 1,166 jobs. This is Unfortunately the West of England has 2100 why we are committed to developing not optimised this, to the detriment and maintaining the investment and of its economy. For example, the 1800 promotion team under the name city-region’s strong value proposition ‘Invest Bristol & Bath’ and the two is regularly missed by national destination organisations, all of which 1500 agencies and underrepresented in generate tangible outcomes. UK plc national selling programmes, 1200 with Bristol currently ranking 28th on UKTi’s referral list, despite being 900 England’s most competitive core city. We want to change this. 600

300

2003 2005 2007 2009 2011 2013 2015 2017 2019 2021 2023 2025 2027 2029

FDI Projects FDI Jobs (LHS) Inward Investment Jobs (LHS) 5 Using Our Levers of Growth 80|81

5.3.1 Invest Bristol and Bath provides: 5.3.2 5.3.3 5.3.4 5.3.6 Current State 1. Research – understanding the Visitor and place marketing Local Account Management MICE (Meetings, incentives, Strategic fit with • Existing activity – Invest in Bristol regions strengths and fit with • Potential – Over the next three • Potential – The majority of new job conferences & events) national policy and Bath is funded up to 2015. It global activity. years Bath Tourism Plus (BTP) and creation within a region comes from The West of England is ideally The strategies outlined are aligned with has developed a coherent strategy, 2. Business Development – robust Destination Bristol aim to grow the expanding existing businesses. situated for the European MICE national policy. Invest in Bristol and adopted by the major partners and business development and high value of the region’s visitor economy Likewise the departure of a key industry with: direct flights to 100+ Bath has developed its programme in will be the basis for long term inward calibre co-ordinated account by £61m, creating 1,166 jobs. Bath company from the region can have European destinations; a compelling full collaboration with UKTI (UK Trade investment activity in the region. management. aims to generate £43m more and inversely damaging impact on the cultural sector; a vibrant and growing & Investment). It has focused on create 826 jobs, Bristol £18m and economy. • Challenges/risks – funding hotel and catering sector. Building on providing distinct points of difference 3. Marketing – positioning the region 340 jobs. Bath and Bristol have beyond 2015 remains a doubt, in • Existing activity – There is a this, private providers are developing and value adding activity that has in the most appropriate context in strong existing Destination an environment where domestic sporadic programme of engagement new facilities and infrastructure to national and international impact. Any relation to strengths and Marketing Strategies. There are and international competition is across the region run by a range of accommodate demand. For example, overseas activity is and will be aligned opportunities identified through opportunities for Weston-super- ploughing ahead. Invest in Bristol partners but more consistency and a new 800 person conference centre to UKTI activity. Both Bath Tourism research. Mare and other coastal and rural and Bath has been operational for co-ordination is required. and hotel next to Temple Meads Plus and Destination Bristol have been locations in the West of England one year and any momentum These activities work closely with Station alongside the new 12,000 identified by VisitEngland, the national to benefit from this raised profile. • Challenges – Lack of co-ordination picked up in the time up to 2015 related work streams including: person Arena near the Station. tourism body, as Strategic Delivery Activities in the domestic (UK) and consistency means that growth will be lost if on-going funding is This complements new hotels Partners, aligning local delivery to • Visitor and place marketing with market have wide partner support opportunities or departure-risks not assured. In the current funding and a vibrant MICE industry national strategic priorities. respective organisations, including but overseas marketing activity are missed. Furthermore when climate Local Authority partners are in Bath. tourism and international education (despite the recognised and identified, there is no mechanism • Bath Tourism Plus currently levers struggling to meet the shortfall but providers. immediate opportunities) are largely to build proper resource around The inward investment service has £2million of private sector income the impact of not doing so will be already started to work with per annum from a public sector • Local Account Management that unresourced due to the restrictions the opportunity or risk. felt locally and nationally. destination organisations and MICE investment of £350,000 (6:1). BTP’s deepens relations between local imposed by Government funds. • Solution – A simple system of • Solution – Invest in Bristol and providers to develop the economy marketing campaigns deliver returns authorities and local businesses We hope these commercially limiting account management for the top Bath will support the five sectors and this work will expand, if baseline of 44:1 and annual destination PR to foster growth. restrictions will be lifted, so more 50 businesses in the region. Account highlighted in this plan with account resources are available. in excess of £7million. With a value can be delivered locally and relationships will be managed by the management and inward investment • The meetings, incentives, membership base of some 500+ nationally. most appropriate partner (relevant support. Private sector funding conferences, and events (MICE) 5.3.5 tourism businesses, it is well placed to • Challenges/risks – Both Unitary Authorities (UAs), already supports industry-specific industry, which is growing and Innovative partnership represent and deliver for the sector. organisations suffer from a lack Universities and Business West) campaigns, and this will continue, developing new facilities and of resource and both face an with account leaders maintaining working for international • Destination Bristol (DB) is also a but national funding is sought to infrastructure. undetermined future due to the dialogue to seek out evidence success public / private partnership operating provide a baseline of activity. erosion of local authority funding. of expansion (or departure) and on a not-for-profit basis. Income Our Universities, Invest in Bristol and from the private sector along with • Existing opportunities – The BTP’s local authority funding is in provide appropriate support. Bath, Bath Tourism Plus, Destination European Green Capital 2015 will self-generated income equates to place until 2015 and beyond 2015 • Additional benefit – This will Bristol and several private sector benefit the low carbon sector in the around £1million per annum from a remains a doubt. There is also a foster strong ambassador organisations have undertaken basic West of England and the UK plc. at a public sector investment of £500,000 danger that the inbound tourism relationships with the region’s preparatory work, to develop a global level. The Bristol 2015 Expo (2:1). DB marketing campaigns potential of Bristol Airport and top executives. Ambassadors content-led, lead-generation, digital within the Enterprise Zone will be a deliver a return of 64:1. Membership Bristol Port remain unrealised due to can be used to: marketing platform, that uses tried- world class ‘Sustainability Showcase’ lack of resource. Bath Tourism Plus covers 600+ businesses in the and-tested software tools, to promote tourism and retail sectors. The visitor that engages our partners, the and Destination Bristol are uniquely – Endorse the regions propositions the region internationally. A single public and media and acts as a placed to co-ordinate networks and to newcomers when peer to peer economy is currently worth £1.16bn digital infrastructure, open to a variety to Bristol and South Gloucestershire. catalyst for inward investment. activity across the sector. Results discussion is useful. of economic participants, for content from limited activity to date show – Build the region’s brand through development and cross-selling is Both destinations have been that the impacts and returns can their networks. sought. Baseline funding is required recognised as ‘Primary Destinations’ be significant and can be delivered to progress. and both organisations are currently within short timescales. – Provide a senior rapid response recipients of Regional Growth Funding, to changing circumstances. • Solution – resource to support delivering a three year programme of the core activities and overseas domestic visitor destination marketing marketing programmes of activity. Both destinations also qualify Destination Bristol and Bath for Business Tourism sales and Tourism Plus, allowing a joined marketing opportunities in overseas up partnership approach. markets delivered through the Regional Growth Fund (RGF) programme. 5 Using Our Levers of Growth 82|83

SMEs will have access to a single, cost The SME Growth Hub would prioritise Providing grant or loan funding, or a 5.4 small and medium Enterprises (SME) effective, coherent business support support for those with high growth combination of both, to support SME service that reduces their confusion and/or ’Born Global’ export potential businesses would enable the LEP to Business Support around how and where to access and comprise 5 core initiatives: continue to fuel growth and unlock support. It would reduce duplication private sector investment. A number • Improve access to finance: between sector and place based of high-street banks in the area are develop the current SME Growth summary activities thus optimising their interested in partnering with us on an Fund and explore other options customer journey and the benefits Enterprise Finance Guarantee (EFG) including an Enterprise Finance Key issues to address to meet What we will do through the What we will do through other of effective and timely referral. scheme. We are developing other Guarantee Scheme LEP objectives 1 and 3: Growth Deal 2015/16: mechanisms: ways for SMEs to access finance, The local SME Growth Hub will ensure • Increase the number and including building a network of Angel • Identify businesses with high • WE Growth Fund and SME • Exploit opportunities and synergies that national provision can be best quality of start-ups: emphasise investors, and strengthening networks growth potential, support them Growth Hub with other interventions in the harnessed for the benefit of local and help them export programme to deliver wider high growth of Venture Capitalists. • iNets businesses and the local economy. business support activities. • Simplify the provision of business It will adapt to new national • Improve the capability of The successful management, • Business support activities as part support services programmes and build on local existing businesses: to bid more promotion, popularity and uptake of of our programme of interventions success and best practice. effectively for larger contracts this Fund means we want to explore The most significant investment e.g. Engine Shed, J21 Food tech, ways to continue it, including the The SME Growth Hub would increase • Encourage companies to we can make for the region is a Bath Innovation Quay, Advanced potential to evolve the Fund to include the numbers of businesses increase trade overseas: a streamlined and coordinated Technology Centre. a mini-Enterprise Finance Guarantee successfully accessing the support practical export toolkit; a suite of approach to Business Support. (EFG) addressing, in particular, the they need by: services to ‘get the deal done’ availability and cost of working capital. • Capitalising on nationally funded • Host a Procurement Hub: to The EFG would focus on financial 85% of the West of England’s 5.4.1 The West of England business support. simplify access by SMEs to major businesses employ less than 10 Strategic fit with community already takes advantage buyer opportunities support where market failure exists • Providing easier access to finance. and the first steps will be to establish people. Our goal is threefold: national policy of the range of national government funded support services. Companies its feasibility with the overall objective • Identify businesses with high growth • Building a culture of innovation. 5.4.2 Our plan for supporting SMEs with growth ambitions are served by of achieving gearing of at least 4 potential, support them and help Improving access to finance builds on national business support UKTI, Growth Accelerator and the • Providing face-to-face advice and times funding available to the LEP. them export. strategies and concentrates on four Enterprise Europe Network (delivered guidance, that diagnoses issues at The West of England LEP attracted An Investment Board would be • Identify businesses that will employ broad areas: locally by Business West), MAS the point of contact and sign-posts £25m for a General Block Exception established with appropriate to the most appropriate local or governance, and representatives large numbers of people locally. • Increasing the local business stock, (Manufacturing Advisory Service), Regulation compliant funding TSB, etc. However, a properly national service. programme, in round 3 of the from private sector finance providers. • Simplify the provision of business • Improving existing business support services. resourced locally focused SME Growth • Developing the international Regional Growth Fund. Working with capability, Hub would do more to deliver wider trade capability of SMEs. a leading local media partner, we business support, for example, the developed a campaign called ‘Going • Encouraging more companies • Coaching SMEs to win larger to trade overseas, basic signposting service akin to that for Growth’, which attracted over 400 created in Wave 2 City Deals. The contracts from complex expressions of interest and 300 full • Stimulating and assisting local West of England SME Growth Hub procurement processes. applications. To date 150 companies procurement. would work alongside the Bristol+Bath • Hosting a procurement hub. have been funded with £14m from the Inward Investment service, Business Fund, attracting nearly £50m private These activities will support • Sign posting relevant training businesses in the SEP’s five priority West, and other Enterprise Agencies. sector match funding. 1,000 new jobs It would act as a co-ordination point opportunities, and introduce new and 500 safeguarded jobs have come sectors and offer a base line service talent through traineeship and for other SMEs. for sector specific, and geographically through the programme. It is dispersed business support apprenticeship schemes. expected that the Fund will be fully organisations in the area. utilised in 2014, and the Fund is available only until the end of the 2014/15 financial year. 5 Using Our Levers of Growth 84|85

5.4.3 Inflection Points This phase is dominated by product 5.4.4 5.4.5 Working in conjunction with UKTI to Increasing the number We are experienced in supporting and business development – the Improving the capability of Encouraging companies to confirm target markets and sectors and quality of start-ups start-ups through three inflection investment case will require existing businesses increase trade overseas that should best result in growth in the points en route to success: completed product and customer WE priority sectors, Enterprise Zone Building the local business stock is a traction. Flexible office space is The West of England business The West of England is the strongest and Areas, support will be provided to Inflection Point #1: cornerstone of our approach. There needed, and time/cost effective community takes advantage of the performing export area within the help SMEs to: ‘Idea to First Investment’ are two primary mechanisms to networking opportunities with range of government funded support poorly performing South West region. Growth Arc: 1-10 people / • Develop their key export offering achieve this; new business start-ups customers, partners and investors. services. While there will be an The West of England intends to <£250,000 Seed funding (products, services, knowledge and inward investment. Although To support companies’ decisions to emphasis on high-growth potential, increase the proportion of SMEs who The number of quality start-ups and transfer) and sales propositions. self-evident that start-ups equate to take the next growth stage in the sustainable jobs growth in any SME trade overseas. Building on the well the rate and amount of Seed level jobs and growth, a small minority of area, we want to embed their will not be ignored. Priority will, regarded South West UKTI service we • Take advantage of channels investment (<£250,000) into high innovative and ambitious companies leadership teams into a supportive however, be given to those best will use ERDF and other public funds opened up by the WE LEP growth potential start-ups is key deliver most growth. In fact most ecosystem which ensures they get able to make a contribution to the to broaden and deepen the support Inward Investment team. start-ups fail to survive ten years to rapid job and growth creation. successful growth in the 5 priority available to first time exporters and maximum value from the competitive • Overcome their specific barriers (62%), and of those that do, most Establishing an angel investor sectors and major infrastructure to those exporters wanting to try new benefits offered in our region. to export. stay small. However, a few, around network and increasing the availability We will explore: projects. and particularly emerging markets. 6% achieve extraordinary growth • Market themselves effectively. of investor readiness support is A ‘menu’ of start-up and existing Via Business West, businesses in our rates of 20 times or more – and it is • Establishment of flexible work space. important. business support services will be area benefit from £0.5m of UKTI An International Toolkit will be this high-performing minority that • Creating outward looking networks Inflection Point #2: developed supported by a centralised trade support each year. In general, developed providing integrated we seek to select, support and that connect companies to talent ‘Company to Customers’ clearing and brokerage service such core UKTI support concentrates practical help, including: persuade to grow in this area. and opportunities to meet including: on helping SMEs with developing Growth Arc: 11-30 people /£250,000 • Market intelligence. The City-region already has an customers, partners and investors. export strategies if they are exporting to £3m investment. • Access to existing local business established and proven approach to for the first time or accessing new • Leverage UKTI/FCO/business Inflection Point #3: G‘ rowth Phase’ support. supporting high performing, high- Growth Arc: 31-100+ /Expansion overseas markets. With a few organisations networks. • Alignment with Enterprise Zone/ growth potential start-ups. This is Capital – VC, banks, leveraged exceptions, eg the Market Visit • Export finance – BIS/Export Finance Areas and existing Incubator/ centred around the services provided public funding. programme, UKTI core support (ex-ECGD), Letters of Credit. by: the Bristol SETsquared Centre Enterprise centres. does not venture into ‘getting the In many ways this is the most critical within the Engine Shed, the University deal done’ territory. We are exploring • Trade Services – Incoterms, period for the company and for the • Interfaces with the SME Growth of Bath Innovation Centre and the leveraging this £0.5m using ERDF (we logistics, export documentation. region to ensure that it benefits from Fund, including any mini-EFG Science Park, plus the delivery by have opted in through our EU SIF), the growth of that company – at this scheme, banks, angel investors • Brokering partnerships. Business West of the current ERDF and other funds with practical export point they are still highly mobile and and venture capital funds. (European Regional Development fulfilment ideas, to helpSME s go the coming onto the radar of competing Fund) project ‘Starting a High Growth • The focus will be on practical, next step in creating and completing locations for their business. The Business’ together with ‘Coaching for ‘how to do it’ help. export contracts and hence grow and growth phase will focus on helping High Growth’. The presence of strong create more jobs. Such UKTI Plus companies to leverage funding under Universities in our region is a further services will be marketed through our command in order to build growth distinctive advantage of the West of the well-established UKTI network in the region. England particularly in innovation- of local advisers. intensive businesses that are spun- The International Trade component out of University research. Other of the SME Growth Hub will focus on emerging initiatives, for example practical help to exporters that is not incubating bio-sensing and robotic available from UKTI/ERDF funded autonomous system start-ups, support and will be established to are highlighted in the interventions seamlessly complement these. section. 5 Using Our Levers of Growth 86|87

5.4.6 • Help with essential support 5.4.7 • Adopt best practice: transparency/ 5.4.8 Helping SMEs win larger documents: equal opportunities; Hosting a Procurement Hub fairness – streamlined processes/ People Development contracts health & safety; environment; standardised PQQ / ITT documents: sustainability. While improving the skills of SMEs to The Growth Hub will support SMEs to Large companies and local public win large contracts through the SSS – SMART evaluation criteria, develop the skills of their workforce by sector organisations want streamlined • Help with achieving formal (above), the Growth Hub would seek ie Specific Measurable signposting to relevant in-employment procurement that aggregates demand accreditation: – ISO 9001 Quality; to establish a Procurement Hub that Appropriate Relevant Time. training. It will support the ISO 14001 Environment; OHSAS and the need for specialist expertise. incrementally aggregates the demand – Balanced technical/ quality development of the Employability 18001 or CHAS or similar Health & Simultaneously, these organisations of large organisations seeking more specifications and service level Chartermark to help ensure Safety schemes. recognise the need to broaden the efficient procurement. A pilot will test agreements. businesses are articulating their supply chain and make procurement • Generic Training: the concept with a view to widening needs to training providers. It will – Include compliant criteria on accessible to SMEs. Moreover SMEs the scope once success is proven. also highlight where new talent can – Financial control/planning/credit contract requirements. be found through traineeships, are widely seen as the most likely It is envisaged that a Procurement & risk management. apprenticeships, internships, and source for new jobs and the type of Hub would deliver synergies, Correctly executed, the new graduate talent. innovation that will drive the economy. – Marketing/ PR. economies of scale and spread best Procurement Hub would start to Helping local SMEs compete for deliver savings to member buying • Alliance brokerage – bringing practice in buyer procurement. larger contracts through support organisations, both through 5.4.9 together SMEs who individually Simultaneously, through the and training in a Growth Hub, would reduced unit prices and reduced could not hope to pre-qualify for independently managed SSS, local Eco Innovation and resilience stimulate the local economy, and administration. It would benefit SMEs larger tender opportunities and SMEs would become more skilled at deliver the cost savings larger who exclude themselves from OJEU We have a strong low carbon applying the necessary due diligence competing for contracts. Properly organisations are looking for. More and other major requirements, SME community that can support to enable them to successfully executed this would deliver both SMEs would be able to compete for dissuaded by what is perceived as companies to develop and deliver their pre-qualify and tender. savings and more effectively harness eco innovation growth plans, thereby larger contracts. public sector and other procurement onerous bureaucracy. For those seeking to tender for work ensuring they have implemented The Supplier Support Service (SSS) activity to accelerate economic internationally, the SSS would link with most resource efficient, cost effective would operate independently from growth across the region. the International Trade component of and environmentally friendly options the Procurement Hub concept (below) the Growth Hub to provide: Initially, the Procurement Hub would (fit for the future). ERDF Programmes but be complementary to it. The SSS be a pilot, focussing on defined areas such as ‘Improve Your Resource would provide support for those SMEs • Export training related to large of spend offering real potential to Efficiency’ have helped numerous seeking to win larger contracts to or high value opportunities deliver immediate and substantial local businesses reduce costs and supply publicly funded organisations, • Market intelligence / assistance savings. Early activities will be to: environmental impact. We will eg local authorities, the police, NHS, with target acquisition continue to identify how eco universities or MoD as well as large • Establish project organisation/terms innovation can be implemented private sector buyers, eg EDF and • Practical help with the mechanics of reference. for competitive advantage. their prime contractors for Hinkley of international trade, eg Letters • Establish Membership (Buyers). Point. of Credit, Incoterms, Logistics, Risk Management. • Define categories and levels of The SSS would establish what support spend. suppliers need to engage in the Procurement Cycle/ Tender Work • Identify a systems platform. and offer services such as: • Procurement process training, eg: – How to use an IT portal. – How to interpret RFQ (Request for quotation) /RFP (Request for proposal) /PQQ (Pre-qualification question) / ITT requirements. – How to answer PQQ/ ITT (Invitation to tender) questions. – How to write a bid/ prepare a tender pack. 88|89 implementation 6 Plan 6.1 Governance arrangements 6.2 Public reporting and accountability

to deliver binding decisions We recognise the need to way will ensure continuity and by the joint (rather than separate) ensure that there is appropriate binding decisions arrangements above. transparency and accountability (see figure 5). The West of England has a long We recognise that we need to In response to Government’s • A single accountable body is for the SEP and the direction of standing and successful history continue to strengthen our joint devolution of major transport • The strengthening of some existing established to be the conduit for public funds, whilst ensuring the of joint working spanning a governance arrangements to embrace schemes funding a Local Transport Committees/Boards i.e. PHCC to funds through the LGF (Local active involvement of business, range of contexts. Whether this new opportunity. To deliver the Body Board (LTBB) has been join the JTEC and LTBB in meeting Growth Fund) and EU SIF (Structural and creating arrangements cooperating as four authorities Plan’s interventions will require clear established, which also meets regularly, formally and in public. Investment Fund). The authorities which are suitably streamlined on areas of shared policy or and effective arrangements for in public, involving the authority are well versed in the provision of to enable prompt and binding • These arrangements will be cross boundary major projects, decision making amongst the local transport lead Members and accountable body arrangements for decisions to be taken. overseen by the existing Joint or working with stakeholders authority partners both through representatives from business. cross authority initiatives (eg major Scrutiny Committee which brings through the West of England the Joint Leaders Committee, and This has been meeting in public since To this end it is proposed that we will schemes programme, Regional together cross party Members Partnership and more recently in the respective policy areas. March 2013 and it is proposed this implement: Growth Fund etc) and of providing the LEP. The maturity of these arrangement continues to oversee, from the four authorities. The Joint Transport Executive a system which is both robust and relationships brings solidity and through an agreed assurance • New Joint Governance arrangements Committee (JTEC) has been meeting • The LEP Board continues to function efficient. The single accountable permanence which has allowed framework, the prioritised MetroWest including a Joint Leaders Committee. in public since 2009 and comprises in its current form with the notes of body will exploit the flexibilities of joint decision making, including rail proposals and any other major the four lead members for transport • This will provide transparency and meetings and schedule of decisions these funds. Other funding streams, taking challenging decisions such transport scheme coming forward in a formally constituted forum accountability for key strategic taken published and any conflicts such as the City Deal Economic as identifying shared priorities, through the LGF. underpinned by a Joint Working decisions on the use of public of interest declared and managed. Development Fund, in support of our agenda for money, whilst allowing the LEP Board Agreement. This is well regarded The Skills Sub Group is comprised • Where key decisions require the will be brought within this growth. to continue to function and provide by stakeholders as an effective of business members, authority endorsement of the authorities or arrangement where this is streamlined decision making with Our governance arrangements will arrangement which has driven policy representatives, educators and valued accountable body these practical and adds value. the active participation of business. meet the twin challenge of ensuring making through the Joint Local partners such as Business West. arrangements are timely, supported we harness and fully exploit the skills transport Plan (2011-26) and the The group provides guidance and Joint Leaders coming together in this and experience that business can delivery of cross boundary major governance to the LEP Skills activity bring, whilst providing the necessary transport schemes. In recognition and has recently refreshed its Terms accountability for public funds and of the need to formalise collaboration of Reference to reflect the SEP, our the way they are directed. on cross boundary planning issues it key themes and our targets for 6.3 Joint working arrangements is planned to strengthen the existing deliver y. Our LEP Board meets regularly and Planning Housing and Communities involves the four Council Leaders and The way in which these governance The West of England LEP and • Taking forward and developing utilities including Western Power Board to become a Committee well respected representatives from arrangements direct the activities of a its partners have established, existing Memoranda of Distribution, Wales and West Utilities (PHCC). business and higher education. This new joint West of England Investment and plan to further develop, a Understanding or protocols with and National Grid as Delivery has been very productive for driving Board (the ‘one front door’) is number of joint mechanisms and partner organisations through a Agencies. working arrangements whether Strategic Solutions Panel established forward our vision for growth, and we described in section 6.3. • Continuing to employ Joint to coordinate, oversee or deliver in April 2013 which meets quarterly wish to see this continue as a forum Promotion Agreements as a means actions which support its vision to promote cooperation between where business representatives to formalise roles and responsibilities for growth, including: key delivery agencies and to align can play a full and active part in for major cross boundary schemes investment programmes to support overseeing our SEP and guiding Building on Existing Foundations and projects as used for the sustainable economic growth. its interventions. MetroBus and MetroWest transport • Utilising the joint West of England Representation on the panel schemes. team including more than 20 staff includes: Natural England, provided by the local authorities and Environment Agency, Highways • Multi-partner and multi-discipline business, co-located and functioning Agency, Network Rail, English Project Teams which allow a holistic as the LEP Office. Heritage, Homes and Communities approach and deliver the full Agency, Housing Associations. Using potential of the Temple Quarter technical assistance in delivery and Enterprise Zone and our five implementation of programmes. Enterprise Areas. Group to be widened to include 6 Implementation Plan 90|91

• Creation in 2012 of three joint and approved by the LEP Board, into interventions. Sector groups Terms of Reference for the groups listed in the diagram are as follows: authority and business working series of well specified fundable could serve as a reference point of groups tasked to develop a Planning and deliverable interventions and experience and expertise for the Toolkit, accelerate stalled housing to oversee their delivery (see Figure LEP Board and the proposed West LEP Board Investment Technical Project and sites with planning permission 18). This function will be supported of England Investment Board. • Approve overall strategic Board Assessment Programme (some 17,000 units), and identify by technical advisors independent Initiating, commenting and programme and provide • Make individual • Assess business cases Boards infrastructure requirements to serve of those bringing forward the reviewing investment proposals framework for action by investment decisions proportionate to the • Develop individual priority growth locations under the interventions and drawing on the fall within the remit of sector the Investment Board. based upon business intervention including business cases for guidance of the Infrastructure and experience and skills of business. engagement. • Approve key changes to case and technical State Aid compliance. interventions/schemes. Place Group. advice. • The strengthening of support for • Terms of Reference are being scope, cost or timescale • Provide • Oversee delivery of New Arrangements the LEP Sector and Cross Cutting refreshed to reflect the additional of interventions. • Provide decision for recommendations on schemes approved by • The creation of a joint multi-funding Groups through the provision of governance activity required for the accountable body to individual investment the Investment Board. stream West of England Investment a central coordination resource SEP, setting strategic direction in release funds. decisions to the Board to develop the broad in the LEP Office to assist in the line with the SEP. Investment Board for • Regular highlight and • Highlight and exception programme of schemes and identification, specification and their consideration. exception reporting to initiatives included in the SEP implementation of targeted reporting to the LEP the Investment Board. Board. • Collate and interpret reports from Project and • Monitor the progress of Programme Boards for individual interventions presentation to the via Project and Investment Board. Programme Boards. FIG 18 ‘One Front Door’ 6.4 Assurance framework

Councils, Cabinets Governance It is vital that investment decisions There are already examples of such We will adapt and utilise this Legal processes etc Reporting through the SEP are founded on processes in place for devolved approach for interventions coming well-developed and robust business major transport schemes through forward through the SEP to ensure cases for the interventions, and that the Local Transport Body assurance that the prioritised interventions LEP Board processes are in place to enable framework, where an independent comply with State Aid and other independent appraisal and advice review and sign off against a set of requirements, are deliverable and to the West of England Investment minimum criteria is mandatory. will produce their promised outcomes Board. Similarly for RIF, EDF or RGF3 in terms of job and GVA growth. a template business case as a minimum is required (see Appendix 7). Devolved RIF SEP/EU SIF/EDF/New Initiatves Major Investment UA Chief Executives with Business Representatives Technical Schemes Award + s151 Representative (accountable body) Assessment (LTB) Panel + required stakeholders for EU SIF

Project and Programme Boards and Delivery Teams

Investment Transport UA/WE Skills Etc & Promotion Boards Delivery Teams 6 Implementation Plan 92|93

This internal delivery capacity and Similarly for infrastructure and At that time proposals may come in 6.5 Pooling of resources capability is enhanced by flexible equipment we have in place joint at a variety of levels of governance. and responsive arrangements supply and maintenance contracts Figure 19 shows how these proposals with external providers. We have for real time passenger information Our investment strategy is to align our • Revolving Infrastructure Fund • Joint delivery team arrangements would flow from conception, through developed, and are expanding, joint systems, traffic signals equipment and existing funding streams to maximise – the West of England Revolving – for cross boundary schemes/ development to approval. procurement arrangements which bus shelters, and a shared smartcard investment opportunities and deliver Infrastructure Fund (RIF) is worth studies. provide efficiencies and add value back-office system and a joint For example the Skills Sub Group our Vision. Current funding streams £56.7m.  – we are well placed to pool both in terms of resource savings highways framework to deliver minor (SSG) meets bi-monthly and include: • West of England Growth Fund resources through the local growth through procurement processes works and smaller scale elements of comprises representatives from • Growth and Innovation Fund – LEP business support fund of fund, and have transparent and and in delivering economies of scale. major schemes. education (schools, FE and HE), – helps employers develop their £25m. robust structures in place to agree Examples in terms of specification, business, UAs, Skills Funding Agency Process for identifying and own innovative skills solutions, to shared delivery priorities. development and design include and Jobcentre Plus. The SSG will • Our City Deal initiative working up new proposals transform growth in their sector, a joint transport team consultant assess and refer projects for the SEP – shows our commitment to pooling during the lifetime of the region or supply chain. embracing a range of transport Investment Award Panel. Current SSG resources to fund our ambitious Strategic Economic Plan planning and engineering functions, tasks include shaping and directing delivery programme, this includes It is envisaged that proposals will need a framework for major transport the FE and HE offer to employers, an Economic Development Fund of to come forward through the lifetime of schemes support, and frameworks gathering labour market intelligence, up to £500m. This has helped the plan to give flexibility to respond to for specialist advice for economic improving employability including maximising flexibility of funding. changing circumstances. We will have intelligence and the Strategic Housing the Employability Chartermark and an annual review process to enable Market Assessment. delivering business engagement this to happen in a coordinated way. 6.6 Commitment of the private sector activit y.

The LEP brings together business and of Small Businesses, Chambers of • The cross-cutting groups, which FIG 19 local authorities. The LEP includes Commerce and many more. bring together the relevant Flow of project proposals leading business, individuals, Our LEP is made up of: organisations (from private, public, and organizations who have education/training and social • The LEP Board, comprising world demonstrated their commitment enterprise sectors) to tackle class leaders in our business New by giving up their time, skills, particular themes which are key to LEP Board sectors. proposals experience and contacts, to work delivering the LEP Vision, ie Skills together to realise our ambitions • The sector groups, which provide a Group, Investment Board, Approval (depending in the West of England. way for businesses to work together Infrastructure and Place Group, on scale/programme) and to feed into the LEP Board. SME Group. Our LEP taps into a diverse range of local and national business • Sector Champions – experts in • The Business Advisory Group, which West of England Investment Board networks including Institute of their field. advises the business members on ‘One Front Door’ Directors, Business West, Federation the LEP Board.

New RIF SEP/EU SIF/EDF/New Initiatves proposals 6.7 Delivery arrangements, experience, Investment UA Chief Executives with Business Representatives Award + s151 Representative (accountable body) track record and capacity Panel + required stakeholders for EU SIF

The West of England partners have We have created a joint authority arrangements have shown their value extensive experience of joint delivery delivery team to bring forward our – the £22m Cycling City Project in which leaves us well placed to take £200m MetroBus (Rapid Transit) Bristol and South Gloucestershire was Business case for approval up the challenge of implementing proposals which includes a range delivered on time and to budget, and the SEP. Many of our current delivery of in-house and external specialists the grant funded packages of works Project and Programme Boards and Delivery Teams arrangements are scalable and we tasked with the development, joint through West of England-wide £80m New can build on these foundations to procurement and delivery of this Bus Network were proposals Investment Transport UA/WE rapidly mobilise, secure efficiencies significant transport programme. completed in a similar manner. Skills Etc and de-risk delivery plans. Previous cross authority delivery & Promotion Boards Delivery Teams 6 Implementation Plan 94|95

6.8 Risk management

A robust approach to risk • An independent risk assessment • The creation of a process of management process will be including commercial, financial, programme risk management employed to provide a realistic technical and management risks overseen by the West of England assessment of viability and key relating to each intervention to Investment Board over the lifetime risks for the interventions. This will support the process of prioritisation. of the SEP. have two facets:

Risk Register Name: SEP programme level risk register Current Risk Score Anticipated Risk Risk Register Owner: Chair of the Investment Board Score following mitgating action NR DESCRIPTION RISK OWNER CATEGORY Likelihood Impact Strategy to Manage Risk Likelihood Impact 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 L M H L M H L M H L M H R01 Risk that the process for proceedable interventions Chair of the Reputation 4 3 Development of detailed and robust business cases utilising a consistent approach to data 3 2 does not identify those options that offer the best Investment Board management. Ensure appropriate capacity and capability for business case technical review. value for money, jobs or return on GVA. R02 Risk of lack of ownership from local partners around Chair of the Reputation 3 4 Public and stakeholder consultation between Dec 13 – Jan 14. Consistency of message and 2 3 the prioritisation process, governance and delivery Investment Board approach with LEP Sector Groups and stakeholders through the planning process. A clear arrangements. and robust mechanism for the development and prioritatisaiton of schemes. Appropriate membership of Investement Board. Endorsement by LEP Board. R03 Risk that detailed business cases result in prioritised Chair Investment Delivery 3 3 Process of scheme prioritisation to consider job and GVA impact as part of the assessment. 2 2 interventions producing insufficient GVA, jobs or Board Partner Process also used to identify a second tier of proceedable interventions (pipeline). value for money to deliver SEP objectives. R04 Risk that programme level outputs are not achieved Chair of the Reputation 4 4 Development of detailed and robust business cases utilising a consistent approach to data 3 3 resulting in reputational risk with government. Investment Board management. Programme monitoring and management through the Investment and LEP Boards and to ensure project milestones are being achieved. Scheme prioritisation process used to identify a second tier of proceedable interventions (pipeline).

R05 Risk that programme intervention delivery team Chair of the Resources 5 4 Detailed business cases to identify delivery plan including resource requirements and any 3 4 resources are not sufficient to deliver the Investment Board assumptions, dependencies and risks. Robust programme monitoring, management and programme resulting in delays and reputational risk. reporting through the Investment and LEP Boards. Scheme prioritisation process used to identify a second tier of proceedable interventions (pipeline). R06 Risk of time slippage on delivery of programme Chair of the Delivery 5 4 Detailed business cases to identify delivery plan including key milestones and risks. Robust 4 3 interventions resulting in delays and reputational Investment Board Partner programme monitoring, management and reporting through the Investment and LEP Boards. risk. Scheme prioritisation process used to identify a second tier of proceedable interventions. R07 Risk that interventions do not deliver the stated Chair of the Delivery 3 4 Detailed business cases to identify likelihood of risk. Robust programme monitoring, 2 2 private sector investment, jobs or return on GVA, Investment Board Partner management and reporting through the Investment and LEP Boards. Scheme prioritisation leading to the programme not delivering its process used to identify a second tier of proceedable interventions (pipeline). overarching objectives, resulting in delays and reputational risk. R08 Risk of government reducing the size of the Fund Accountable Body Delivery 4 5 Ensure succesful delivery of high value interventions in 15/16 and the evaluation and reporting 2 3 following the first year review of programme Partner of outcomes. Implementation of robust processes for scheme prioritisation, financial phasing intervention delivery. and delivery monitoring. R09 Risk of political or policy change resulting in Accountable Body Resources 3 5 Implementation of robust processes for scheme prioritisation, financial phasing and delivery 3 4 reduction or termination of Fund arrangements. monitoring. R10 Risk that governance arrangements are not Joint Leaders Resources 4 3 Regular programme-level review, incorporating robust and transparent reporting processes 2 2 sufficiently robust to manage programme change. Committee to ensure sufficient information is provided to the Investment Board, LEP Board and Joint Leaders Committee. 96|97 delivery 7 Plan

Our programme cannot be delivered by the LEP alone, we require joint working with our delivery partners and to demonstrate our commitment we have already formalised these arrangements with statutory delivery agencies, by way of MoUs or protocols. These are supported by their own individual action delivery plans.

7.1 Commitments from partners

Defra – Environment Agency Highways Agency Mou and Rail Industry MoU and and Natural England MoU and Action Plan. Action Plan Action Plan. In November 2009 an MoU was signed The Memorandum of Understanding An MoU between the Environment which set out at a high level how the (MoU) between the West of England Agency, Natural England and the authorities and the Highways Agency authorities, Network Rail, First Great Authorities was agreed in June 2011. would develop effective co-ordination Western, Cross Country and South The MoU provides the framework for and co-operation. In order to develop West Trains was signed at the Joint a more consistent and transparent the MoU and define a set of outcomes Transport Executive Committee on working relationship in the field of to be delivered a series of annual 2 July 2010. Its purpose is to promote Spatial Planning, where the priorities Action Plans have been produced effective co-ordination and co- of the authorities, the Environment and endorsed by the Joint Transport operation between the organisations. Agency and Natural England are Executive Committee. These seek It includes consultation on timetable aligned. The MoU is underpinned to build upon existing processes and changes, investment and planning by ongoing work on an Action Plan. arrangements between the authorities decisions, input into the Joint Local and the Agency, and to provide Transport Plan 3 and co-ordinating improved communication, greater data collection. cooperation or coordination of Homes and Communities Agency activities. The protocol of joint working with the HCA, enables us to ensure we can direct investment to our shared priorities. This is overseen by a monthly HCA liaison meeting with the LEP. 7 delivery plan 98|99

Delivery action plan for existing schemes and indicative programme of interventions for the Local Growth Fund: (A living document to be regularly reviewed and updated by the WE Investment Board) Intervention / Ref Key milestones and delivery Slippage Programme Risks/issues Delivery Costs (£) Funding Sources Spend Variance High-Level Success measures Existing project timeline (narrative) SRO arrangements (£) (£) GVA Jobs Productivity (target) (target)

MAJOR TRANSPORT SCHEMES MetroBus 31/10/2014: Complete Peter Mann Transport and BCC lead authority £46,729,656 Local Authority £74m 1,200 Ashton Vale to Procurement Works Act contribution; DfT Bristol City Order delay: Programme prep funding; Third Centre 05/05/2014: Submit Full Approval Assurance Board party contribution application to DfT Delays programme Joint Transport Body 09/05/2014: Work Starts on Site and increases 18/04/2016 cost

MetroBus 15/02/2014: Public Inquiry Starts Karuna Delay in NSC lead authority £42,653,000 Local Authority £199m 3,100 South Bristol Link Tharmananthar determination contribution; DfT 15/07/2014: Complete of planning Programme prep funding; Third Procurement application and Assurance Board party contribution 15/10/2014: Submit Full Approval Compulsory SRO and project team application to DfT Purchase Orders. Joint Transport Board 15/10/2014: Work starts on site 30/11/2016: Work completed MetroBus 14/11/2014: Confirmation of Richard Delay in SGC lead authority £92,945,000 Local Authority £145m 2,250 North Fringe Orders Gillingham determination contribution; DfT to Hengrove of planning Programme prep funding; Third 14/11/2014: Complete application and Assurance Board party contribution Procurement Compulsory SRO and project team 23/12/2014: Submit application Purchase for Full Approval Orders. Joint Transport Board 02/03/2015: Work Starts on Site 01/05/2017: Work Completed MetroWest June 2014: Submission of Single Alistair Cox Delay in Joint Project Board £55,398,000 Local Authority £153m 2,550 Phase 1 Option Preliminary Business Case securing contribution; DfT (Includes (Includes to LTB project funding Joint Transport Board funding. new phase 1 & package stations 2 and Oct 2015: Outline Business Case including package) new Approval both devolved stations Oct 2016: Development Consent funding and package) + Order hearing any local contribution. Nov 2017: Construction Start Stakeholder Apr 2019: Construction completion expectations May 2019: Operation beyond the scope of the project Delay to programme due to delay in securing project funding package 7 delivery plan 100|101

Intervention / Ref Key milestones and delivery Slippage Programme Risks/issues Delivery Costs (£) Funding Sources Spend Variance High-Level Success measures Existing project timeline (narrative) SRO arrangements (£) (£) GVA Jobs Productivity (target) (target)

MetroWest Dec 2014: Submission of Alistair Cox Delay in Joint Project Board £43,100,000 Local Authority £153m 2,550 Phase 2 Preliminary Outline Business Case securing local contribution; DfT (Includes (Includes to LTB funding Joint Transport Board funding. new phase 1 & contribution to stations 2 and June 2016: Outline Business Case meet scheme Potential EDF package) new Approval programme. stations package) Sep 2019: Secure statutory Four year powers and ten year Apr 2020: Construction Start Comprehensive Spending April 2021: Construction Review funding completion allocation May 2021: Operation insufficient. Interest Groups, Residents Groups etc. opposing the scheme, causing delays and increasing costs.

ECONOMIC DEVELOPMENT FUND Arena March – November 2014 Design BCC lead authority £79,760,000 EDF, developer and/ procurement of Arena operator, development, WE Investment Board or other local September 2013 – January 2015 Site acquisition, contribution procure design team, February planning -July 2015 design and planning, process, site January 2016 start on site. access Complete June 2017 Central Bristol & Feasibility Study Complete BCC lead authority £14,560,000 EDF, developer and/ TQEZ Flood WE Investment Board or other local Defence contribution North South Link/ Detailed design/procurement NSC lead authority £14,400,000 EDF, developer and/ Cross Airfield 2015/16 Start on site April 2016 WE Investment Board or other local Complete March 2017 contribution Enterprise Start on Site Summer 2014 NSC lead authority £5,920,000 EDF, developer and/ Technical College Complete August 2015 WE Investment Board or other local contribution MetroBus Submit Planning application Emma CPO SGC lead authority £56,000,000 EDF, developer and/ Extension to October 2015, CPO January 2016 Blackham WE Investment Board or other local . – January 2018. Start work on site contribution April 2018 complete March 2019 BAC Aviation Site SGC lead authority £1,200,000 EDF, developer and/ WE Investment Board or other local contribution 7 delivery plan 102|103

Intervention / Ref Key milestones and delivery Slippage Programme Risks/issues Delivery Costs (£) Funding Sources Spend Variance High-Level Success measures Existing project timeline (narrative) SRO arrangements (£) (£) GVA Jobs Productivity (target) (target)

M32 Junction 1 Design work complete SGC lead authority £900,000 EDF, developer and/ WE Investment Board or other local contribution Avonmounth/ Feasibility Study Complete SGC lead authority £81,600,000 EDF, developer and/ Severnside Flood WE Investment Board or other local Mitigation contribution Avonmouth/ Feasibility Study Complete SGC lead authority £6,200,000 EDF, developer and/ Severnside WE Investment Board or other local Ecology contribution

REVOLVING INFRASTRUCTURE FUND Bath City GOL signed 18 June 2013 Start on site Delays over Air B&NES lead authority £1,800,000 RIF (RGF round 2) 30 Riverside (BCR) 18 October 2013 Works start delayed due rights. Land WE Investment Board on site to issues acquisition 18 July 2014 Complete over Air issues Rights to Q2 2014 (April) so Practical completion now estimated Oct 2014 Bath Flood Grant offer letter GOL( ) Amended Amended B&NES lead authority £5,100,000 RIF (RGF round 2) 1080 Alleviation signed 18 June 2013, Planning scheme. Full scheme WE Investment Board Scheme application Oct 2013 EIA required. required full (Phase 1) Start on site March 2014 Planning Environmetal complete March 2015 application Assessment/ now May Heritage impact 2014 analysis. 3rd Completion party EA right now Q2 to use land 2015/16 contract between B&NES /EA required BCR – Gas Towers Start decommissioning 1 June Procurement B&NES lead authority £4,100,000 RIF (Growing Places) 300 2013 and complete 20 September delayed on WE Investment Board 2013 demolition so Start Demolition 1 August 2013 start on site complete 1 August 2014 now April start remediation 1 August 2014 2014 but complete 1 August 2015 completion programme not affected. Filwood Green Start construction works Delayed start BCC lead authority £5,268,000 RIF (Growing Places) 350 31 September 2013 to Spring WE Investment Board & ERDF complete 31 December 2014 2014 ERDF Gainsborough Contractor appointment July Delayed start BCC lead authority £750,000 RIF (Growing Places) 65 Square 2013, Start on site September due to WE Investment Board 2013 complete February 2014 redesign for lockleaze forum start now Spring 2014 7 delivery plan 104|105

Intervention / Ref Key milestones and delivery Slippage Programme Risks/issues Delivery Costs (£) Funding Sources Spend Variance High-Level Success measures Existing project timeline (narrative) SRO arrangements (£) (£) GVA Jobs Productivity (target) (target)

TQEZ Temple Detailed Design December 2013 Delayed start Major scheme BCC lead authority £20,914,779 RIF (RGF round 2) 4712 Circus & to March 2014, start on site now Q4 2014. reliant on a WE Investment Board Infrastructure August 2014. Complete August number of Projects 2017 other schemes delivery and design, land acquisition Dolphin Square High St works complete. Phase 2 Retail lets NSC lead authority £540,000 RIF (RGF round 2) 68 start on site April 2014 Complete WE investment Board September 2014 Weston Village Start on site Pond November 2013 Access NSC lead authority £6,810,000 RIF (RGF round 2) 3310 Flood Complete all works March 2015 issues for WE investment Board River element J21 Outbound Start on site April 2013. NSC lead authority £372,626 RIF (RGF round 2) 1400 Capacity Complete December 2013 WE investment Board Pinch Point LTP A38 Road Start on site June 2013. Overall Re-phasing SGC lead authority £3,859,493 RIF (Growing Places) Junction completion June 2015 of statutory WE Investment Board Improvements diversion works but overall programme not affected

Asks of Government M49 Junction Submit Planning application Chris Sane Land acquisition HA delivery £25,000,000 HA 30 October 2015, CPO January 2016 – January 2018. Start work on site April 2018 complete March 2019 106|107 eV aluation 8 Plan 8.1 Monitoring of the Strategic Economic Plan programme and interventions

The evaluation plan illustrates the Detailed business cases for impact of programme level outputs interventions indicate the relative based on the performance of relationship to each programme level programme interventions, using both measure of success. Collectively high-level measures (such as jobs these measures are compared with created, GVA and productivity per baseline data to indicate a positive or capita), and scheme specific a negative impact. Where baseline measures. does not exist, it will be developed using data acquired through the life of the programme of interventions. FIG 17 West of England evidence Inward Investment

A V G qualifications s emissions 2 tartUps S Measures university investment score D istribution sector of jobsby irectthe in area investment private umber of SME nnual supply ofnew homessupply nnual roadband coverage usiness usiness & oad traffic speeds hare of employment in the in hare of employment educed unemployment CO educed nvironmental and community nterprise survival rate nvironmental resilience ncreased jobs and of Success ncreased productivity per capita nward foreign investment E improvement I I D S knowledgeeconomy R I D B N E Patents per capita R HE with Population or 2 above withlevel Population IMD A transport public by A ccessibility R B E R Bristol Robotics Lab (Institute of Technology) WE Centre of Power & Energy Terabit West (Broadband) Bristol & Bath Science Park Grow on Centre Quantum Technologies Solar Region Innovation in composites for marine energy Retrofitting existing housing and businesses Payment for Ecosystem Services support WE Circular Economy Business Support Services Increasing Business Resource Efficiency Bristol Channel tidal energy test bed (Feasability Study) 8 Evaluation Plan 108|109

A V G qualifications s emissions 2 tartUps S university investment score D irectthe in area investment private istribution sector of jobsby umber of SME nnual supply ofnew homessupply nnual roadband coverage usiness usiness & oad traffic speeds hare of employment in the in hare of employment educed CO educed educed unemployment nvironmental and community nterprise survival rate nvironmental resilience ncreased jobs and nward foreign investment ncreased productivity per capita E improvement I E Patents per capita R HE with Population or 2 above withlevel Population IMD A transport public by A ccessibility R B E R knowledgeeconomy R I D B N I D S Advanced Technology Centre J21 Food & Drink Enterprise Centre Virtual growth hub Composites bridge construction National Composites Centre Engine Shed Phase 2 Bristol’s CreaTech City Cultural Infrastructure Programme Craneworks Bath Innovation WE Growth Hub and Fund iNET innovation networks Package of Minor Transport Schemes Local Pinch Points Sustainable Transport Package MetroWest Phase 1 MetroWest Phase 2 Superfast Broadband Infrastructure Design & Realisation Fund Skills & Social Inclusion FE Skills Capital WE Inward Investment Programme 8 Evaluation Plan 110|111

Programme Level Evaluation Measures of success Description Baseline % Variance Impact (where (where (narrative) available) applicable) Increased jobs Net new jobs created in supported projects (Unit = Full time equivalents FTE) Increased GVA Based on the Red Model (unit = £) Increased productivity per capita GVA per FTE (unit = £) Distribution of jobs by sector (Unit = FTE) Share of employment in the % of total employment, based on ONS SIC knowledge economy codes Reduced unemployment number of 16+ population unemployed and % of total 16+ population unemployed Inward foreign investment (Unit = £) Direct private investment in the (Unit = £) area Business Start Ups Number of Business Start Ups created through intervention funding (Unit = Number of Enterprises) Number of SMEs Number of Small & Medium Enterprises supported (Unit = Number of Enterprises) Enterprise survival rate Number of enterprises created or safeguarded through intervention funding still in existence beyoned year 2 of operation (Unit = Number of Enterprises) Patents per capita Number of patent registrations per 10k population R&D university investment (Unit = £) Population with HE qualifications number of working age population unemployed and % of total working age population unemployed Population with level 2 or above number of working age population unemployed and % of total working age population unemployed IMD score Number of LSOAs by UA Annual supply of new homes Number of new homes built per financial year Accessibility by public transport Based on national modelling data Road traffic speeds Based on national/local modelling Broadband coverage Narrative Environmental resilience Narrative

Reduced CO2 emissions (Unit = tonnes of CO2) Environmental and community Narrative improvement

Intervention Level Evaluation Intervention Intervention Cluster Name Reference Name (where applicable)

[Lever of Growth] [Priority Sector] 112|113 Appendices

Appendix 1: Six Year Plan for the Local Growth Fund. 114 Appendix 2: FE Capital Projects – a breakdown of individual proposals 116 Appendix 3: Deadweight and displacement calculations 118 Appendix 4: Pipeline of interventions for the Local Growth Fund 3-6 year programme 120 Appendix 5: The Process to identify Interventions for the Local Growth Fund 124 Appendix 6: Shared Priority Investment Maps & Key 126 Appendix 7: Full Business Case Template 138 Appendix 1 Six Year Plan for the Local Growth Fund 114|115

PROPOSED SCHEMES EXPENDITURE OVER YR 15/16 EXPENDITURE OVER YR 16/17 EXPENDITURE EXPENDITURE EXPENDITURE EXPENDITURE MATCH FUNDING OVER PLAN PERIOD OVERALL SEP YEARS OF OUTPUTS OVER PLAN PERIOD 2015-2021 OVER OVER OVER OVER INTERVENTIONS SPEND YR 17/18 YR 18/19 YR 19/20 YR 20/21 COST 2015-2021 BETWEEN CAPITAL REVENUE TOTAL CAPITAL REVENUE TOTAL TOTAL TOTAL TOTAL TOTAL PRIVATE PUBLIC TOTAL 2015-2021 DIRECT GVA RETURN SECTOR JOBS RETURN ON CREATED INVESTMENT A▪ Bristol Robotics Laboratory (Institute of Technology) £750,000 £750,000 £1,500,000 £750,000 £750,000 £1,500,000 £1,500,000 £0 £0 £0 £5,800,000 £0 £5,800,000 £4,500,000 3 500 £29,000,000 £6.44 B▪ WE Centre of Power & Energy £2,000,000 £0 £2,000,000 £3,500,000 £2,400,000 £5,900,000 £14,900,000 £2,400,000 £2,400,000 £2,400,000 £16,750,000 £5,000,000 £21,750,000 £30,000,000 6 650 £340,000,000 £11.33 C▪ Terabit West (Broadband) £6,750,000 £0 £6,750,000 £6,750,000 £500,000 £7,250,000 £500,000 £500,000 £0 £0 £0 £0 £0 £15,000,000 4 250 £165,000,000 £11.00 D▪ Bristol & Bath Science Park Grow on Centre £3,000,000 £0 £3,000,000 £4,500,000 £0 £4,500,000 £7,500,000 £0 £0 £0 £1,700,000 £0 £1,700,000 £15,000,000 3 240 £9,400,000 £0.63 STRIES TECH E▪ Quantum Technologies £500,000 £500,000 £1,000,000 £500,000 £500,000 £1,000,000 £1,000,000 £1,000,000 £1,000,000 £0 £2,500,000 £2,500,000 £5,000,000 £5,000,000 5 100 £4,370,000 £0.87 U F▪ J21 Food & Drink Enterprise Centre £3,000,000 £0 £3,000,000 £3,000,000 £1,000,000 £4,000,000 £3,650,000 £750,000 £750,000 £750,000 £9,100,000 £0 £9,100,000 £12,900,000 6 694 £29,100,000 £2.26 HIGH IND SUBTOTAL £16,000,000 £1,250,000 £17,250,000 £19,000,000 £5,150,000 £24,150,000 £29,050,000 £4,650,000 £4,150,000 £3,150,000 £35,850,000 £7,500,000 £43,350,000 £82,400,000 2434 £576,870,000 G▪ Solar Region £320,000 £80,000 £400,000 £0 £0 £0 £0 £0 £0 £0 £400,000 £0 £400,000 £400,000 1 6 £600,000 £1.50 H▪ Innovation in Composites for Marine Energy £2,000,000 £0 £2,000,000 £0 £0 £0 £0 £0 £0 £0 £200,000 £0 £200,000 £2,000,000 1 10 £13,500,000 £6.75 I▪ Retrofitting existing housing and businesses £1,200,000 £200,000 £1,400,000 £1,200,000 £200,000 £1,400,000 £1,600,000 £1,600,000 £1,600,000 £1,500,000 £0 £2,400,000 £2,400,000 £9,100,000 6 1775 £87,500,000 £9.62 J▪ Payment for Ecosystem Services Support £0 £165,000 £165,000 £0 £165,000 £165,000 £0 £0 £0 £0 £165,000 £165,000 £330,000 £330,000 2 20 £690,000 £2.09 K▪ WE Circular Economy Business Support Services £0 £60,000 £60,000 £0 £60,000 £60,000 £0 £0 £0 £0 £0 £0 £0 £120,000 2 10 £385,000 £3.21 L▪ Increasing Business Resource Efficiency across WE £0 £40,000 £40,000 £0 £40,000 £40,000 £40,000 £40,000 £40,000 £40,000 £0 £240,000 £240,000 £240,000 6 17 £1,700,000 £ 7.0 8 M▪ Bristol Channel Tidal Energy Test Bed £0 £300,000 £300,000 £0 £0 £0 £0 £0 £0 £0 £0 £50,000 £50,000 £300,000 1 N/A TBC £0.00

W CARBON (feasibility study)

LO SUBTOTAL £3,520,000 £845,000 £4,365,000 £1,200,000 £465,000 £1,665,000 £1,640,000 £1,640,000 £1,640,000 £1,540,000 £765,000 £2,855,000 £3,620,000 £12,490,000 1838 £104,375,000

& N▪ Advanced Technology Centre £7,200,000 £1,000,000 £8,200,000 £7,200,000 £1,100,000 £8,300,000 £3,400,000 £3,400,000 £3,400,000 £0 £9,200,000 £0 £9,200,000 £26,700,000 5 900 £39,000,000 £1.46 O▪ Virtual Growth Hub £0 £0 £0 £0 £2,000,000 £2,000,000 £2,000,000 £2,000,000 £0 £0 £6,000,000 £0 £6,000,000 £6,000,000 3 120 £10,500,000 £1.75 P▪ Composite Bridge Construction £250,000 £250,000 £500,000 £250,000 £250,000 £500,000 £0 £0 £0 £0 £0 £0 £0 £1,000,000 2 100 £6,000,000 £6.00 P ACE Q▪ National Composites Centre £2,200,000 £500,000 £2,700,000 £2,100,000 £550,000 £2,650,000 £2,650,000 £0 £0 £0 £0 £8,000,000 £8,000,000 £8,000,000 3 150 £10,200,000 £1.28 ANCED

V SUBTOTAL £9,650,000 £1,750,000 £11,400,000 £9,550,000 £3,900,000 £13,450,000 £8,050,000 £5,400,000 £3,400,000 £0 £15,200,000 £8,000,000 £23,200,000 £41,700,000 1270 £65,700,000 AEROS AD ENGINEERING

R▪ Engine Shed Phase 2 £600,000 £0 £600,000 £700,000 £0 £700,000 £700,000 £800,000 £900,000 £1,300,000 £5,800,000 £1,200,000 £7,000,000 £5,000,000 6 1000 £59,000,000 £11.80

& S▪ Bristol's CreaTech City £0 £900,000 £900,000 £0 £900,000 £900,000 £900,000 £900,000 £900,000 £0 £0 £2,000,000 £2,000,000 £4,500,000 5 230 £4,500,000 £1.00 E

V T▪ Cultural Infrastructure Programme £4,000,000 £0 £4,000,000 £4,000,000 £0 £4,000,000 £4,000,000 £4,000,000 £4,000,000 £0 £9,000,000 £20,000,000 £29,000,000 £20,000,000 5 625 £30,000,000 £1.50 U▪ Craneworks £1,800,000 £200,000 £2,000,000 £2,250,000 £285,000 £2,535,000 £5,110,000 £285,000 £285,000 £285,000 £6,188,000 £2,062,000 £8,250,000 £10,500,000 5 287 £16,900,000 £1.61 V▪ Bath Innovation £8,404,000 £600,000 £9,004,000 £8,404,000 £580,000 £8,984,000 £8,986,000 £6,580,000 £580,000 £580,000 £26,537,000 £33,600,000 £60,137,000 £34,714,000 6 7000 £400,000,000 £11.52

CREATI DIGITAL SUBTOTAL £14,804,000 £1,700,000 £16,504,000 £15,354,000 £1,765,000 £17,119,000 £19,696,000 £12,565,000 £6,665,000 £2,165,000 £47,525,000 £58,862,000 £106,387,000 £74,714,000 9142 £510,400,000 ALL SECTORS RETURN ON INVESTMENT average £4.80

CROSS-SECTORIAL INTERVENTIONS BUSINESS W▪ WE Growth Hub & Fund £4,700,000 £1,800,000 £6,500,000 £2,700,000 £1,800,000 £4,500,000 £5,000,000 £0 £0 £0 £28,000,000 £0 £28,000,000 £16,000,000 3 1050 £25,000,000 £1.56 SUPPORT X▪ iNET innovation networks £0 £1,000,000 £1,000,000 £0 £1,000,000 £1,000,000 £1,000,000 £0 £0 £0 £3,000,000 £0 £3,000,000 £3,000,000 3 135 £9,300,000 £3.10 Y▪ Package of Minor Transport Schemes £5,000,000 £0 £5,000,000 £5,000,000 £0 £5,000,000 £5,500,000 £5,500,000 £6,000,000 £7,000,000 £30,000,000 £82,000,000 £112,000,000 £34,000,000 6 950 £61,000,000 £1.79 Z▪ Local Pinch Points £7,000,000 £0 £7,000,000 £7,000,000 £0 £7,000,000 £5,000,000 £5,000,000 £5,000,000 £5,000,000 £8,500,000 £8,500,000 £17,000,000 £34,000,000 6 1600 £108,000,000 £3.18 AA▪ Sustainable Transport Package £3,000,000 £0 £3,000,000 £3,000,000 £0 £3,000,000 £3,000,000 £3,500,000 £3,500,000 £4,000,000 £6,000,000 £10,000,000 £16,000,000 £20,000,000 6 1800 £62,000,000 £3.10 re

u AB▪ MetroWest Phase 1 £0 £0 £0 £0 £0 £0 £4,250,000 £4,250,000 £0 £0 £0 £44,900,000 £44,900,000 £8,500,000 2 1150 £110,000,000 £2.00

ct AC▪ MetroWest Phase 2 £1,100,000 £0 £1,100,000 £900,000 £0 £900,000 £1,000,000 £200,000 £0 £0 £0 £29,300,000 £29,300,000 £3,200,000 4 895 £85,000,000 £2.00 AD▪ Superfast Broadband £3,386,500 £573,400 £3,959,900 £252,000 £40,000 £292,000 £292,000 £340,000 £340,000 £0 £0 £0 £0 £5,223,900 5 1312 £42,000,000 £8.04

nfra- AE▪ Infrastructure Design & Realisation Fund £0 £4,225,000 £4,225,000 £0 £1,225,000 £1,225,000 £5,000,000 £6,000,000 £0 £0 £0 £20,000,000 £20,000,000 £16,450,000 4 2900 £70,000,000 £4.26 Place & I str u SKILLS AF▪ FE Skills Capital* £4,852,000 £0 £4,852,000 £7,796,000 £0 £7,796,000 £9,320,000 £6,492,000 £3,197,000 £333,000 £42,655,000 £21,326,000 £63,981,000 £31,990,000 6 N/A N/A N/A AG▪ Skills & Social Inclusion £0 £2,640,000 £2,640,000 £0 £2,640,000 £2,640,000 £2,640,000 £2,640,000 £2,640,000 £2,640,000 £0 £5,250,000 £5,250,000 £15,840,000 6 1600 £73,500,000 £4.64 INWARD AH▪ WE Inward Investment Programme £0 £1,000,000 £1,000,000 £0 £1,000,000 £1,000,000 £1,000,000 £0 £0 £0 £870,000 £220,000 £1,090,000 £3,000,000 3 4500 £11,000,000 £3.67 INVESTMENT TOTAL CROSS-SECTORIAL £29,038,500 £11,238,400 £40,276,900 £26,648,000 £7,705,000 £34,353,000 £43,002,000 £33,922,000 £20,677,000 £18,973,000 £119,025,000 £221,496,000 £340,521,000 £191,203,900 17892 £656,800,000 INTERVENTIONS COST cross-SECTOrial RETURN ON INVESTMENt average £3.39 * FE Skills Capital projects starting YR 15/16 * FE Skills Capital projects starting Yr 16/17 PROJECT Refurbishment and Modernisation of Automotive Business New Weston West of Advanced Advanced North Avon Street Inclusive North Somerset South West Weston Engineering Workshops Enterprise Construction College Future England Engineering Construction Somerset Campus Vocation Employment Tourism and College Social programme of expenditure for Training Centre for Technology Law and Centre Centre Employment remediation Training and Guidance Hospitality Enterprise local growth fund interventions Centre Bath and Centre Professional Extension and Guidance works Centre Centre Academy Training Centre North East Services Centre – Phase 1 – Phase 1 Somerset Academy Expenditure 120 COST £900,000 £720,000 £4,957,984 £5,009,390 £4,648,068 £4,000,000 £6,000,000 £3,274,000 £600,000 £792,000 £3,274,000 £4,380,000 £3,434,000 £000,000 100 PROGRAMME COST EXPENDITURE OVER YR 15/16 EXPENDITURE OVER YR 16/17 EXPENDITURE EXPENDITURE EXPENDITURE EXPENDITURE OVER OVER OVER OVER OVERALL SEP 80 YR 17/18 YR 18/19 YR 19/20 YR 20/21 INTERVENTIONS £4 02,507,9 0 0 CAPITAL REVENUE TOTAL CAPITAL REVENUE TOTAL TOTAL TOTAL TOTAL TOTAL COST 2015-2021 £73,012,500 £16,783,400 £89,795,900 £71,752,000 £18,985,000 £90,737,000 £101,438,000 £58,177,000 £36,532,000 £25,828,000 60

Match Funding over Plan Period 2015-2021 PUBLIC PRIVATE TOTAL LGF Expenditure 40 £298,713,000 £218,365,000 £517,078,000 for current 6 year TOTAL OUTPUTS over plan period 2015-2021 DIRECT JOBS INDIRECT TOTAL JOBS CREATED GVA RETURN programme of 20 CREATED JOBS TAKING INTO ACCOUNT 34 interventions CREATED DEADWEIGHT & * Total Jobs created over plan period 2015-2021 0 DISPLACEMENT * taking into account deadweight displacement. 3-6 year pipeline 15/16 16/17 17/18 18/19 19/20 20/21 32,576 18,992 25,591 £1,914,145,000 See Appendix 3 for breakdown of calculation. of schemes Spend Year Appendix 2 FE Capital Projects – a breakdown of individual proposals 116|117

*FE SKILLS CAPITAL PROGRAMME Yr 15/16 *FE SKILLS CAPITAL PROGRAMME Yr 16/17

PROJECT TITLE COST SKILLS INTERVENTION DESCRIPTION PROJECT TITLE COST SKILLS INTERVENTION DESCRIPTION CAPITAL CAPITAL PRIORITY PRIORITY

Refurbishment £900,000 Employability This project will enable the refurbishment and modernisation of Avon Street £600,000 Remediation of This project will address remediation of category C7 D and Modernisation Automotive Engineering workshops at Norton Radstock College to Campus College Estate accommodation on the City of Bath College Avon Street Campus. of Automotive ensure they meet industry standards. This will help raise the skills remediation works The project will provide remediation works therefore enhancing Engineering of the existing workforce and increase the employability of new facilities for all learners at the College. Workshops entrants to a significant employment sector in the local area. Inclusive Vocation £792,000 Employability This project will deliver a specialist vocational training centre for Business £720,000 Employability The project will create a Small Business and Enterprise Centre at Training Centre Learners with Learning Difficulties and/or Disabilities. This centre Enterprise Norton Radstock College for SMEs in BaNES. This centre will help is designed to build employability skills and confidence. Training Centre ensure that SMEs across a range sectors can access skills training relevant to their business needs. The centre will also provide a meeting North Somerset £3,274,000 Employability This new build project will create a focal point for North Somerset hub for local businesses and provide facilities to support their growth. Employment and residents to gain the Information, Advice, Guidance and Support they Guidance Centre need to help them progress into employment. Provision will include: New Construction £4,957,984 Low Carbon The project will create a Construction and Environmental Technology employability skills training, skills assessments, vocational training, Centre for Bath Centre which will deliver skills training across a range of disciplines certified training, in work benefit calculations, signposting services, and North East and trades. The project will enable a significant upgrade ofN orton motivation/confidence building, job search skills, cv workshops, self Somerset Radstock College’s existing provision. The centre will enable the employment support/enterprise training, basic skills training, ESOL, in delivery of the skills training needed to construct 9,000 new homes work support, mentoring, volunteering, work experience placements, over the next 5 years and 15,000 within 10 years in BaNES alongside traineeships, apprenticeships and Higher Education opportunities. The the other major construction projects to be delivered in the WE. centre will have a centralised Enterprise Support team with outreach services designed to be inclusive. They will work with individuals, Weston College £5,009,390 Advanced This project will create a flagship facility in the J21 EA which is businesses, community groups, third sector organisations and social Future Technology Engineering designed to enable students at Weston College to acquire new enterprises to help remove barriers to employment and/or training. Centre technology skills across the following sectors: Creative & Digital, Creative Advanced Engineering & Automated Manufacturing and Low Carbon. South West £4,380,000 Employability The South West Tourism & Hospitality Academy project consists of Employability The centre will showcase the latest technology with state of the art Tourism and a new build facility designed to raise the profile and standards of industry linked teaching spaces, workspace and classrooms to ensure Low Carbon Hospitality Tourism and Hospitality in the South West. The facility will equip that students are both sector and technology competent. Academy – students with world leading employability skills in this field, to enable Phase 1 this sector to maximise its GVA. The facility will combine classroom West of England £4,648,068 Employability This project will create an industry supported Academy to provide learning with high quality work experience within a real working Hotel Law and dynamic, motivational teaching and learning and industry recognised Catering and Conference Centre designed to bridge the sector’s Professional vocational routes to employment in the following areas: Law and Legal employability skills gaps. Services Academy Services, Financial Services, Accountancy Services, Professional Services and Justice Services. This Weston College Academy will be located in the J21 EA and service the largest employment sector in Weston College £3,434,000 Employability This new build project is designed to use social enterprise modelling the West of England which employs 63,700 individuals across the Social Enterprise to help develop sustainable communities. It will ensure that under- sub-region. Training Centre– represented groups acquire the skills they need to gain sustainable Phase 1 employment. The project will focus on the delivery of the following Advanced £4,000,000 Advanced This project will extend City of Bristol College’s Centre of Excellence employability skills: self-management, problem solving, team working Engineering Engineering for engineering education and training in Bristol. The extension will & communication, IT, business ethos and embedding workplace Centre Extension support the employer led strategy for advanced engineering in North Maths and English. Bristol / South Gloucestershire through the provision of skills training in areas such as: maintenance and operation of 3D printers and advanced engineering equipment and the use of composites materials. This provision will be delivered in partnership with the national Composites Centre, Airbus, GKN and Rolls-Royce.

Advanced £6,000,000 Low Carbon The South Bristol Sustainable Construction Centre will provide a skills Construction training facility for the construction industry in Bristol and the WE. Employability Centre It will deliver the training needed to service the sector and showcase innovation in sustainable construction and civil engineering infrastructure technologies will support the expected growth of the construction sector in the West of England. Appendix 3 Deadweight and displacement calculations 118|119

PROPOSED SCHEMES DIRECT JOBS INDIRECT PROJECT TYPE DEADWEIGHT ON DEADWEIGHT & TOTAL JOBS DEADWEIGHT DEADWEIGHT & CREATED JOBS CREATED INDIRECT JOBS DISPLACEMENT (DIRECT AND ON TOTAL JOBS DISPLACEMENT ON INDIRECT INDIRECT) ON TOTAL JOBS JOBS HIGH TECH INDUSTRIES A Bristol Robotics Laboratory (Institute of Technology) 500 384 Business 203 163 884 467 376 B WE Centre of Power & Energy 650 499 Business 263 212 1149 607 488 C Terabit West (Broadband) 250 123 Regeneration 114 70 373 345 212 D Bristol & Bath Science Park Grow on Centre 240 119 Business 63 51 359 190 153 E Quantum Technologies 100 77 Business 41 33 177 93 75 F J21 Food & Drink Enterprise Centre 694 342 Business 181 145 1036 547 440 Subtotal 2434 1544 864 674 3978 2248 1744 LOW CARBON G Solar Region 6 5 Regeneration 5 3 11 10 6 H Innovation in Composites for Marine Energy 10 8 Business 4 3 18 10 8 I Retrofitting existing housing and businesses 1775 1365 Regeneration 1263 774 3140 2905 1780 J Payment for Ecosystem Services Support 20 9 Business 5 4 29 15 12 K Increasing Business Resource Efficiency across WE 17 8 Business 4 3 25 13 11 L Circular Economy Business Support Services 10 5 Business 3 2 15 8 6 M Bristol Channel Tidal Energy Test Bed 0 0 Business 0 0 0 0 0 Subtotal 1838 1387 1283 790 3225 2961 1824 ADVANCED N Advanced Technology Centre 900 443 Business 234 188 1343 709 571 ENGINEERING O Virtual Growth Hub 120 59 Business 31 25 179 95 76 & AEROSPACE P Composite Bridge Construction 100 77 Business 41 33 177 93 75 Q National Composites Centre 150 74 Business 39 31 224 118 95 Subtotal 1270 653 345 278 1923 1015 817 CREATIVE & DIGITAL R Engine Shed Phase 2 1000 493 Business 260 210 1493 788 635 MEDIA S Bristol's CreaTech City 230 113 Business 60 48 343 181 146 T Cultural Infrastructure Programme 625 308 Regeneration 285 175 933 863 529 U Craneworks 287 151 Regeneration 140 86 438 405 248 V Bath Innovation 7000 3452 Business 1823 1467 10452 5519 4443 Subtotal 9142 4517 2567 1985 13659 7756 6000 BUSINESS SUPPORT W WE Growth Fund and Hub 1050 518 Business 274 220 1568 828 666 X iNET innovation networks 135 66 Business 35 28 201 106 85 PLACE AND Y Package of Minor Transport Schemes 950 730 Regeneration 675 414 1680 1554 953 INFRASTRUCTURE Z Local Pinch Points 1600 1231 Regeneration 1139 698 2831 2619 1605 AA Sustainable Transport Package 1800 888 Regeneration 821 504 2688 2486 1524 AB MetroWest Phase 1 1150 884 Regeneration 818 501 2034 1881 1153 AC MetroWest Phase 2 895 688 Regeneration 636 390 1583 1464 898 AD Superfast Broadband 1312 648 Regeneration 599 367 1960 1813 1111 AE Infrastructure Design & Realisation Fund 2900 2230 Regeneration 2063 1264 5130 4745 2909 PEOPLE & SKILLS AF FE Skills Capital 0 0 Skills 0 0 0 0 0 AG Skills & Social Inclusion 1600 789 Skills 581 477 2389 1761 1446 INVESTMENT AH WE Inward Investment Programme 4500 2219 Business 1172 943 6719 3548 2856 & PROMOTION Subtotal 17892 10891 8813 5808 28783 22805 15206

total 32576 18,992 13,872 9,533 51,568 36,786 25,591 Estimated indirect jobs have been calculated using the West of England LEP Area Economy Model produced by the RED Group at the University of Plymouth Indirect Jobs = job creation through direct and indirect suppliers plus jobs created through increased income effects Appendix 4 Pipeline of interventions for the Local Growth Fund 3-6 year programme 120|121

SECTOR / DRIVERS PROJECT TITLE TOTAL EXPENDITURE MATCH FUNDING SECTOR / DRIVERS PROJECT TITLE TOTAL EXPENDITURE MATCH FUNDING OF GROWTH FROM SEP FUNDS PUBLIC PRIVATE OF GROWTH FROM SEP FUNDS PUBLIC PRIVATE

Advanced Engineering & Invest Bristol & Bath – £120,000 £95,000 £25,000 Low Carbon / Low Carbon and £2,100,000 £0 £2,100,000 Business Support Environmental Innovation Aerospace / Investment trade promotion (Growing Green) Business Support WE indigenous business £7,500,000 £0 £0 Low Carbon / Low Carbon Action Groups £400,000 £0 £0 growth support programme Business Support – waste & carbon reduction Business Support Superfast Broadband – £1,000,000 £500,000 £500,000 activities Business Support Low Carbon / Low Carbon Accelerator for £1,750,000 £0 £900,000 Business Support CleanWeb businesses Business Support Design for Growth Portfolio £1,484,500 £0 £0 Low Carbon / WE Eco-Efficiency Network £1,350,000 £0 £0 Business Support WE Knowledge Exchange £2,130,000 £0 £2,590,000 Business Support (WE-EEN) Vehicle for INnovation (KEVIN) Low Carbon / Heat Recovery from £500,000 £125,000 £125,000 Place & Infrastructure Avonmouth Low Carbon Business Support Business in the Community £900,000 £450,000 £450,000 Energy Facility – Marketplace Sustainability Low Carbon/ Low Carbon and £2,100,000 £0 £0 Construction / Bristol and West of England £500,000 £0 £500,000 Business Support Environmental Innovation People & Skills Joint Investment Initiative (Growing Green) Creative & Digital Shoot West: the Film- £200,000 £0 £0 Place & Infrastructure Ecomotive – Self-build £5,060,000 £0 £369,000 making proposition programme Creative & Digital / Bath City Riverside £480,000 £140,000 £0 Place & Infrastructure Stepping up for Growth – £32,000,000 £0 £0 Business Support Enterprise Area Business J21 Enterprise Area – Support infrastructure Creative & Digital / Curzon Creative Media £1,800,000 £900,000 £900,000 Retail Retail Place Managers £1,745,000 £0 £500,000 Business Support incubator Rural Economy Wheels to Work – transport £500,000 £0 £0 Creative & Digital / Growing Our Workforce: £2,442,000 £225,000 £0 provision for young people People & Skills Skills for the West of in rural areas England Creative Sector Rural Economy Water and Soil Project – £1,500,000 £0 £300,000 Distribution / Place & Avonmouth/Severnside £712,000 £0 £0 Catchment approach Infrastructure Enterprise Area – Skills & Development Prgm Rural Economy / Rural Enterprise Hubs £1,500,000 £0 £280,000 Business Support High Tech Cyber Security Incubator £2,500,000 £0 £2,500,000 Rural Economy / Rural business support hub £1,800,000 £1,800,000 £0 High Tech Institute for Interaction and £2,400,000 £0 £0 Business Support Intelligent Technologies (I3T) Rural Economy / Midsomer Norton Business £1,325,000 £875,000 £450,000 Business Support Hub High Tech / Business High Tech Innovation £1,000,000 £0 £750,000 Support Network (High Tech iNet) People & Skills Employability skills for £2,750,000 £0 £2,750,000 Young People High Tech / Business Diagnostics for Growth £475,000 £0 £475,000 Support (DIAGRO) – Clinical People & Skills Social Innovation £4,000,000 £0 £1,000,000 Research & Development Exploratory High Tech / Business Robotics and Autonomous £19,100,000 £0 £3,000,000 People & Skills Ready for Work – £282,000 £243,000 £15,000 Support Systems Collaboration Action on homelessness Centre (RAS CC) People & Skills Business Class partnerships £250,000 £0 £150,000 Low Carbon WE Waste and Recycling £10,000,000 £0 £10,000,000 between schools and Board recycling and businesses resource efficiency Prgm People & Skills Working It Out – personal £459,000 £141,000 £420,000 Low Carbon Establish a Cleantech £750,000 £375,000 £375,000 development for those who Cluster are NEET Low Carbon 'Warm and Well' housing £550,000 £555,000 £0 People & Skills Getting Out to Work £450,000 £550,000 £0 retrofit programme programme for offenders/ ex-offenders Low Carbon Electricity Led microCHP £1,650,000 £0 £0 Social Enterprise Social venture incubation £750,000 £0 £750,000 and skills centre Appendix 4 Pipeline of interventions for the Local Growth Fund 3-6 year programme 122|123

SECTOR / DRIVERS PROJECT TITLE TOTAL EXPENDITURE MATCH FUNDING OF GROWTH FROM SEP FUNDS PUBLIC PRIVATE Social Enterprise Challenge fund – grant £750,000 £0 £750,000 investment and support for social enterprises Social Enterprise / School for Social £145,000 £0 £195,000 Business Support Entrepreneurs Social Enterprise / WE Hubs Programme £1,340,000 £0 £0 Business Support Social Enterprise / Developing Reuse through £400,000 £0 £0 People & Skills Up-skilling Social Enterprise Tourism Leveraging the visitor £3,000,000 £3,000,000 £9,000,000 economy of Bristol and Bath Tourism Bristol and Bath Cultural £1,150,000 £350,000 £0 Destination Consortium Employee Volunteering £500,000 £0 £250,000 initiatives Natural Health Service – £195,000 £0 £0 realise therapeutic benefits of food growing

TOTAL PROGRAMME COST EXPENDITURE OVER YR 2017/18 – 2020-2021 CAPITAL REVENUE TOTAL £74,197,500 £53,547,000 £127,74 4,500

TOTAL PROGRAMME match funding PUBLIC PRIVATE TOTAL £10,324,000 £42,369,000 £52,693,000 Appendix 5 The Process to identify Interventions for the Local Growth Fund 124|125

Stage one Key considerations were: Stage two Prioritisation SCORED FILTER PROCESS FOR SCHEMES In line with the evidence provided at • Demonstration of market failure in of options and rational section 4, we have identified market accordance with Treasury Green for programme ASSESSMENT CRITERIA failures that need to be addressed and Book compliance. • Evaluation of filter results by a Rationale Rationale for Public Intervention explored projects which have strategic • Jobs, productivity and GVA. moderation panel of business for Public fit with our priority sectors and which and local authority membership. Intervention Schemes are compliant with Govt Green Book: offer ‘game changing’ investment • Cost and return on investment. • Technical advice work undertaken • Proper use of public funds; opportunities. We have considered • Private sector funding or other with the support and advice of interventions for both the SEP and match opportunities. • Most efficient way of using funds; KPMG to build a programme of the EU SIF together. We used a filter • Strong requirement for government intervention. to assess interventions on their • Scalability and flexibility. proposed activities through the Local Growth Fund: own merit. • Cross sector linkages and synergies Sector Group Assessment with other programmes taking – An analysis of the issue/market • Schemes fall into one or more priority growth sectors advantage of the West of England’s failure of the West of England. Sector Group for the sub-region. unique strengths. – A gap analysis of existing activity. • Contributes to delivering the – Proposed solutions at project level Strategic Fit Assessment Enterprise Zone and/or Enterprise to address the gaps. Schemes are commensurate with existing strategies: Areas. – Analysis of return on investment • Priority growth locations – EA and EZ; • Growing other sectors of our and value for money calculations. economy - any further asks that • Joint Local Transport Plan; – Cluster identification and demonstrate collaboration with our • UA Core Strategy; thematic/priority sectors e.g. from: programme developed. Strategic Fit • SEP Cross cutting themes – skills, inward investment, – Distribution – Stage 1 business cases developed. business support, place and infrastructure; – Retail • EU thematic objectives. – Construction and Development – Tourism Impacts & Benefits Assessment – Culture Scheme outcomes include: Impacts & • GVA (Gross Value Added); – Rural Economy Benefits – Social Enterprise • Job permanence; – Natural Environment & Health • Direct and indirect job creation; • Other socio-economic benefits (e.g. regeneration, social enterprise).

Match Funding Assessment Match Funding Funding payments are either: • Secured; • Unsecured.

Scalability/Flexibility Assessment • Schemes should be cost effective and beneficial on a Scalable / large or small scale and if they can be scaled up or down; Flexible • Highlight projects for follow up. Appendix 6 Shared Priorities map North 126|127

To theTo Midl Tothe athe ndMidl sMidlandasnds and thaend aNort ndth ethh Norte North h

14

2

1 M5 M48 14 14 14 M4 21 22

15/20 16 M49

17 123 123123

19 2 2 2 1 ThornburyThornburyThornbury 18 M4 18

M32 19 2

3 Filton Enterprise Area 20 M5 M5M5 M5 1 1 1 To SoTouth ToS Walo uSthoeus thWal Wales es 21 51 51 M4851 M48M48 and Caarndiffda nCdar Cdiffardiff 66,67,68,73,74,76 M4 M4M4 100 21 21 21 77,78,79,80,81,82,107,111 22 22 22 SOUTHSOUTHSOUTH GLOUCESTERSHIRE GLOUCESTERSHIRE GLOUCESTERSHIRE Avonmouth Severnside SevernSevernSevern 15/20 15/2015/20 Yate/Yate/Yate/ Coldharbour Lane, Enterprise Area 2 2 2 16 16 16 BeachBeachBeach NorthNorthNorth ChippingChippingChipping Stoke Gifford 69 69 69 Line LineLine M49 M49M49 FringeFringeFringe SodburySodburySodbury 3 3 3 122 122122 44,46 43 102 102102 49,50,52 47 17 17 17 4 4 4 A A A 48 48 48 P&R P&RP&R Bristol BristolBristol 103 103103 75 75 75 B B B19 19 19 Docks DocksDocks 104 104104 Emersons Green 119 119119 1 1 591 59 59 86 86 86 Enterprise Area 54 54 54 To SwindonTo ToSwindon Swindon 18 18 18 105 105105 M4 M4M418 18 18 53 53 53 and Lonanddao ndLnon Ldonondon PortisheadPortisheadPortishead 132 132132 61 615561 55 55 SevernSevern EstuarySevern Estuary Estuary C 5C C 5 5 P&R P&RP&R Blackberry Hill 57 64,65 40 40M3240 M32M32 63 19 19 19 BRISTBRISOLBRISTOLTOL2 2 2 56 56 56

To theTo S Toouthth eth S eWouth Sesoutht M5W esWtesM5t M5 N N N ©Crown Copyright©Crown and©Crown Copyrightdatabase Copyright rightsand database 2013.Ordnance and database rights 2013.Ordnancerights Survey 2013.Ordnance 100023406. Survey BD4790 Survey 100023406. 100023406. BD4790 BD4790 3 3 3 Existing Network Existing Initiatives MetroWest Rail Major Transport Schemes West of England Infrastructure Network Rail Highways Agency Delivery Agency Interventions local Authority Boundary enterprise Areas existing rail services metroBus Transport A electrification ofG reat Western 1 J21 and A370 improvements West of England existing Rail enterprise Zone (local and inter-regional) rapid Transit Feeder Service site Preparation/ mainline 2 new junction on M49 (under homes & Community Agency Motorway other Major Development Site Portishead to Severn Beach transport Links Land Remediation B bristol Parkway – Provision of consideration for Spending environment Agency, Natural Portishead to Bristol Community/Leisure/Schools fourth platform and revised Review 2015-20) England & English Heritage Priority Growth Locations transport Package layout bath to Severn Beach Utilities/Broadband 3 improvements to M5 J16 & 17; m4/ M5 Managed Motorway C capacity Enhancement Filton Tranche 2 of Pinch Point Weston Super Mare to Yate new Park & Ride Site flood Mitigation to Bristol – Four tracking of Programme. Delivery in henbury to Temple Meads Ecology Filton Bank 2014-15 D temple Meads Station Capacity 4 m4/ M5 Managed motorway –Midland Shed platforms. New 5 m32 bus only junction Western entrance and enhancements to improve passenger circulation.

october 2013 Appendix 6 Shared Priorities Map South 128|129

CC C55 5 P&R 40 M32 P&R P&R Portishead 19 40 40 M32 M32 56 Hanham Hall PortisheadPortishead 19 19 BRISTOL 2 56 56 Bristol Temple Quarter BRISBRISTOLTOL 2 2 14 Enterprise Zone 2

1 M5 M48 3 M4 21 3 3 22

15/20 16 SOUTH GLOUCESTERSHIRE M49 SOUTHSOUTH GLOUCESTERSHIRE GLOUCESTERSHIRE 17 113 26,27,28,29,30,31, 113 113 DD D Severn Estuary19 1 SevernSevern Estuary18 Estuary M4 18 34,35,39,41,114 M32 19 2 Clevedon 115 42 KingswoodKingswoodKingswood 3 ClevedonClevedon 33 115 115 42 42

20 2200 20 125 32 Keynsham M5 125 125 Nailsea Somerdale Site 21 NailseaNailsea South Bristol 126 Link MetroBus 126 126 116 133 135 M5 116 116 120 133 113533 135AA A M5 M5 120 1Keynsham20KeynshamKeynsham Weston Airfield 113 113 135 134 113 113 Phase 1 128 113 113 135 135 112 134 134 128 128 South Bristol Road 112 112 118 135 BristolBristolBristol118 118 135 135 Airport Weston-super AirportAirport 25 Weston-superWeston-super 18 25 25 -Mare NORTH SOMERSET 8,21 18 18 -Mare-Mare NORTHNORTH SOMERSET SOMERSET Bath 130 1 BATH AND NORTH BathBath130 130 2211 121 1 BATHBA ANDTH AND NORTH NORTH 135 J21 Enterprise Area EAST SOMERSET 135 135 EAST EAST SOMERSET SOMERSET 129 129 129 121 88,90,91,92,93 95 121 121 Bath City Riverside Enterprise Area 99 87 127 127 127 89,96,97 117 117 117 4,5,6,7,15,19,20 8,21 2,9,10,11,12,13 3,14 Locking Parklands Radstock MidsomerMidsomerMidsomerRadstockRadstock 16,17, 2 2 NortonNortonNorton 131 134 131 131 134 134 To the South West ©Crown Copyright and database rights 2013.Ordnance Survey 100023406.To BD4790 thToe thSoeu Stho uWeth sWet st N ©Crown Copyright©Crown and Copyright database and rights database 2013.Ordnance rights 2013.Ordnance Survey 100023406. Survey 100023406. BD4790 BD4790 N N Existing Network Existing Initiatives MetroWest Rail Major Transport Schemes West of England Infrastructure Network Rail Highways Agency Delivery Agency Interventions local Authority Boundary enterprise Areas existing rail services metroBus Transport A electrification ofG reat Western 1 J21 and A370 improvements West of England existing Rail enterprise Zone (local and inter-regional) rapid Transit Feeder Service site Preparation/ mainline 2 new junction on M49 (under homes & Community Agency Motorway other Major Development Site Portishead to Severn Beach transport Links Land Remediation B bristol Parkway – Provision of consideration for Spending environment Agency, Natural Portishead to Bristol Community/Leisure/Schools fourth platform and revised Review 2015-20) England & English Heritage Priority Growth Locations transport Package layout bath to Severn Beach Utilities/Broadband 3 improvements to M5 J16 & 17; m4/ M5 Managed Motorway C capacity Enhancement Filton Tranche 2 of Pinch Point Weston Super Mare to Yate new Park & Ride Site flood Mitigation to Bristol – Four tracking of Programme. Delivery in henbury to Temple Meads Ecology Filton Bank 2014-15 D temple Meads Station Capacity 4 m4/ M5 Managed motorway –Midland Shed platforms. New 5 m32 bus only junction Western entrance and enhancements to improve october 2013 passenger circulation. Appendix 6 Shared priorities Map Key/List of schemes 130|131

Agency Location Description of intervention Agency Location Description of intervention

West of England Avonmouth/Severnside 6,000-14,000 jobs, focus on large scale manufacturing Homes & Charlton Hayes Infrastructure Investment and ATLAS support to unlock the Enterprise Area and distribution Communities development of a new neighbourhood including 2,200 homes. Transport schemes 44,46 Agency Utilities/broadband schemes 49,50,52 Bath City Riverside £8M invested in Bath Western Riverside to provide 500 Enterprise Area affordable homes and infrastructure to support creation of Flood mitigation scheme 43 up to 9,000 jobs, parks, primary school, health and cultural Ecology scheme 47 facilities. Bath City Riverside 9,000 jobs, focus on media/publishing jobs Blackberry Hill Working in partnership with Linden Homes and the local Enterprise Area Transport schemes 4,5,6,7,15,19,20 community to implement a jointly developed masterplan to provide around 300 homes, community and retail space. Site preparation/land remediation schemes 2,9,10,11,12,13 Coldharbour Land, £2.38M Care & Support funding to provide 81 affordable Community/Leisure/Schools schemes 16,17,22 Stoke Gifford homes for older and disabled people. Utilities/broadband schemes 8,21 Filton Enterprise Area Supporting the creation of over 4,000 jobs. Flood mitigation schemes 3,14 £5M Local Infrastructure Funding to bring forward housing Bristol Temple Quarter 17,000 jobs, focus on creative/media/microelectronics development at Filton Airfield and surroundings. Enterprise Zone Transport schemes 26,27,28,29,30,31,34,35,39,41,114 Hanham Hall Exemplar zero-carbon development, working in partnership Site preparation/land remediation scheme 33 with Barratt Homes to develop 185 new homes and 12 acres Community/Leisure/Schools scheme 32 of open space. Emersons Green 4,000 - 7,000 jobs, focus on science based jobs J21 Enterprise Area 72Ha employment land with planning consents and access to provide 11,000 jobs. Enterprise Area Site preparation/land remediation schemes 63 Locking Parklands £12M investment in an exemplar mixed use development Utilities/broadband schemes 64,65 in partnership with St Modwen for 1,500 homes and Flood mitigation scheme 57 650,000sqft employment space. Additional infrastructure Filton Enterprise Area 7,000 - 12,000 jobs, focus on high technology jobs funding to provide new primary school & new North/South link. Transport schemes 66,67,68,73,74,76 Marksbury Road Infrastructure funding to assist HCA site disposal and support Community/Leisure/Schools scheme 110 a new primary school, up to 85 homes including self-build Utilities/broadband schemes 77,78,79,80,81,82,107,111 plots, 900sqm employment space and a health centre. J21 Enterprise Area 9,000 jobs, focus on business services Bristol Temple Quarter £11M investment package providing new access route and Transport schemes 88,90,91,92,93 Enterprise Zone 3-lane bridge to connect Diesel Depot site, supporting the development of an 11,000 seater indoor arena, 65,000Ha Site preparation/land remediation scheme 99 employment space and up to 2,600 jobs. Community/Leisure/Schools schemes 89,96,97 Weston Airfield Phase 1 29.5Ha employment development, 900 homes Utilities/broadband scheme 95 & community Flood mitigation scheme 87 Appendix 6 Shared priorities Map Key/List of schemes 132|133

Agency Location Description of intervention Agency Location Description of intervention

Environment Agency, Avonmouth/Severnside Some parts currently at tidal flood risk, with the whole Environment Agency, South Bristol Link MetroBus Route is in Flood Zone 3 and crosses a number of water Natural England, Enterprise Area area at risk in the future with climate change. Natural England, bodies, landfill sites and ecological designations. English Heritage Significant risk to internationally important habitat. English Heritage Environment Agency and Natural England officers working Flood defence and ecology groups established and seeking with consultants and informing technical assessments. to identify the preferred strategy to enable future growth. Bristol Temple Quarter Parts of the EZ are at risk from tidal and river flooding, There is potential of buried non-designated heritage assets Enterprise Zone worsening with climate change. of archaelogical interest. Environment Agency and Natural England working Bath City Riverside Ground raising of development sites could increase flooding with Bristol City Council (BCC) to implement simplified Enterprise Area elsewhere. planning and find the best solution to protect the EZ and central Bristol in the future. Strategic solution identified through Core Strategy work, including a lowered riverside walkway to improve flood flow English Heritage is working with BCC and Network Rail through the city. EA/BANES project team established to to secure a sympathetic transformation of the Grade 1 take this forward for design and delivery. listed Temple Meads Station, providing a revitalized transport hub fit for the 21st Century, whilst maintaining English Heritage is working to secure significant urban the integrity of this internationally important heritage asset. growth that compliments the international heritage status and sensitivity of the World Heritage Site. English Heritage supporting the creation of a better visitor experience from the station and EZ to the city centre via English Heritage supporting on-going transformation of the the Brunel Mile and in so doing enhance the setting of public realm in the historic core to optimize Bath’s economic Temple Meads and . potential as a domestic and international tourist destination. Highways Agency J21 and A370 1 Improvements

Filton Enterprise Area Generally at low flood risk, however, surface water from New junction on M49 2 Under consideration for Spending Review 2015-20 development could result in increased flood risk in the wider River Frome and Trym catchments. M5 J16 & 17 3 Improvements to M5 J16 & 17; Tranche 2 of Pinch Point Programme. Delivery in 2014-15 Environment Agency officers working with developers to ensure proposals include appropriate strategic M4/M5 4 Managed motorway sustainable drainage features. These features should also seek to deliver wider environmental benefits M32 5 M32 bus only junction (e.g. green infrastructure). Network Rail Great Western Mainline A Electrification of Great Western Mainline J21 Enterprise Area At risk of river and surface water flooding. Also includes a

designated wildlife site and close to Bath conservation area. Bristol Parkway B Provision of fourth platform & revised layout Strategy for green infrastructure delivery. Jointly funded partnership between EA and Council to deliver flood risk Filton Bank C Four tracking of Filton Bank (between Dr Days Junction management improvements on the Uphill Great Rhyne and and Filton Abbey Wood) River Banwell. Works will also have wider biodiversity and Bristol Temple Meads D Provision of platforms in the Midland Shed to increase amenity benefits. Station capacity Keynsham Somerdale Site Partly at risk from river flooding. New western entrance and enhancements to improve passenger circulation Significant potential for habitat enhancement and contributing to Water Framework Directive. English Heritage and Natural England working with developers to deliver flood compensation alongside ecological enhancements. English Heritage working to support sustainable development within a sensitive environment evidenced by Roman archeology. Appendix 6 Shared priorities Map Key/List of schemes 134|135

Location map map categories Description of Intervention Location map map categories Description of Intervention ref ref

Bath City Riverside 2 Remediation/site preparation Remove Gas Towers Avon Servernside 43 Flood mitigation Flood mitigation Enterprise Area Enterprise Area 3 Flood mitigation Phase 1 flood relief 44 Transport M49 Intermediate Junction & link road 4 Transport Destructor Bridge 46 Transport Local road network & cycling/pedestrian improvements 5 Transport New pedestrian bridge 47 Ecology Ecology 6 Transport North Quay – South Quay bridge 48 Transport Cycling/Pedestrian improvements 7 Transport Lower Bristol Road A36 49 Utilities/Broadband Gas pipeline Bus Lane 50 Utilities/Broadband Energy (Heat Grid) 8 Utilities/Broadband Electricity sub-station 51 Transport Park & Share at Aust 9 Remediation/site preparation Relocation of waste transfer station 52 Utilities/Broadband Superfast Broadband 10 Remediation/site preparation Relocation of civic recycling centre Emersons Green 53 Transport M32 Junction 1 Improvements 11 Remediation/site preparation Relocation of coach park Enterprise Area 54 Remediation/site preparation M4 Acoustic Fence 12 Remediation/site preparation Diversion of Green Park Road 55 Transport Emersons Green East employment land access road 13 Remediation/site preparation Avon Street Car Park relocation 56 Transport Emersons Green to Temple Meads Rapid Transit 14 Flood mitigation Phase 2 flood relief (river wall works) 57 Flood mitigation EGE employment land drainage 15 Transport Windsor Bridge Road Improvements 59 Transport M4 link 16 Community/Leisure/ Schools Primary school 61 Transport A4174 package 17 Community/Leisure/ Schools Other primary education 63 Remediation/site preparation Remediation and earthworks 18 Transport Highways works Bath Press site 64 Utilities/Broadband Superfast Broadband 19 Transport Highways works Stable Yard 65 Utilities/Broadband Power – BBSP 20 Transport Pines Way gyratory Filton Enterprise 66 Transport North Fringe Transport package East West Link A38 21 Utilities/Broadband Ultra-fast Broadband Area to Wyckbeck Rd 22 Community/Leisure/ Schools Doctors surgery 67 Transport Cribbs New Neighbourhood (CPNN) A38 Corridor Highway Works 25 Transport Bath Turn-back Facility (Part of MetroWest Phase 1) 68 Transport CPNN Eastern Access

Bristol Temple 26-31 Transport Infrastructure to serve Temple Quarter Enterprise Zone 69 Transport M5 Junctions 16 and 17 Enhancements Quarter Enterprise 32 Community/Leisure/ Schools Bristol Arena Zone 73 Transport North Fringe Package 33 Remediation/site preparation Temple Quarter Enterprise Zone Package 74 Transport Cycling network improvements 34 Transport Temple Circus reconfiguration 75 Transport Parkway Station Bridge/subway 35 Transport Cattle Market Road Improvements and Vehicular/ 76 Transport North Fringe Transport Package – public transport Pedestrian/Cycle Bridge to Diesel Depot (HCA fully improvements funding) 77 Utilities/Broadband Waste transfer station 39 Transport Bus Hubs 78 Utilities/Broadband Strategic Sewer Filton to Avonmouth 40 Transport M32 Park and Ride 79 Utilities/Broadband Energy (sub station) 41 Transport Car parking programme 80 Utilities/Broadband Energy – East Works 42 Transport Callington Road Link/Bath Road Improvements 81 Utilities/Broadband Superfast Broadband 82 Utilities/Broadband District heating network Appendix 6 Shared priorities Map Key/List of schemes 136|137

Location map map categories Description of Intervention Location map map categories Description of Intervention ref ref

Other 86 Transport South Glos Rural Package Other 115 Transport Park & Ride Extension J21 Enterprise Area 87 Flood mitigation Flood scheme 116 Transport Barrow Gurney Bypass 88 Transport M5 Junction 21 outbound 117 Transport Banwell Bypass 89 Community/Leisure/ Schools Enterprise & Technology College 118 Transport Bristol Airport Link Road 90 Transport North-South link road & associated improvements 119 Transport Second Avon Crossing 91 Transport Cross Airfield Link 120 Transport Whitchurch Bypass 92 Transport Airfield Bridge Link 121 Transport Temple Cloud/Clutton Bypass 93 Transport M5 Junction 21 Phase 2 improvements 122 Transport Yate/Chipping Sodbury Package 95 Utilities/Broadband Superfast broadband enabling 123 Transport South Glos Rural Package (Thornbury) 96 Community/Leisure/ Schools Connect 21 Hub 125 Transport Nailsea & Station accessible ramp to platform 99 Remediation/site preparation Remediation works 126 Transport Keynsham Station accessible ramp to platform Other 102 Transport North Fringe to Severnside Transport Corridor 127 Transport Strategic Cycle Routes 103 Transport Rail to Cribbs Causeway 128 Transport Congresbury Junction Improvement 105 Community/Leisure/ Schools Southmead Hospital 129 Transport Weston-super-Mare Public Realm Improvements Filton Enterprise 107 Utilities/Broadband Digital Area Bath City Riverside 130 Transport Orange Grove, Bath public transport 110 Community/Leisure/ Schools Secondary education Enterprise Area & public realm 111 Utilities/Broadband Utilities Other 131 Transport Radstock Town Centre Infrastructure Other 112 Transport A36/A46 link 132 Transport Portway Park & Ride Rail Platform 113 Transport New Rail Stations Package 133 Utilities/Broadband Keynsham utilities Bristol Temple 114 Transport Mass movement by public transport Bath City Riverside 134 Transport East of Bath Park & Ride Enterprise Area Quarter Enterprise 135 Transport Post Bath Package expansion of Newbridge, Zone Odd Down and Lansdown Park & Ride sites Other — Transport Major Cycling Scheme Appendix 7 Full Business Case Template 138|139

CRITERIA ASSESSMENT MEASURES & LEVEL OF Reference below LEP use CRITERIA ASSESSMENT MEASURES & LEVEL OF Reference below LEP use INFORMATION TO BE PROVIDED information provided Checklist INFORMATION TO BE PROVIDED information provided Checklist for Full Business Case Information for Full Business Case Information Assessment Provided Assessment Provided Adequate? Adequate? PROJECT NAME: 13 Land Acquistion/Deals/ CPOs/landowner agreements etc legal agreements 1 Applicant/Delivery Details of Applicant, any JV arrangements/other Required for Delivery Organisation partners involved (roles and contributions), Procuring Organisation, ownership of assets etc. 14 Consents Required/ Planning, EIAs, TAs, DCOs, Green belt approval,Act of Obtained for Delivery Parliament, CIL/S106 agreements etc – provide copies 2 Description of the Clarity on the project description (scheme to be funded of all obtained. Project/Intervention in and description of overall scheme to be enabled). Where full a number of projects/phases each to be described. 15 Engagement & What consultation has been carried out to date. Who are Scope and scale of project and latest plans and drawings Consultation the key stakeholders and what engagement has been of it. Location – red line plan and will be undertaken? Provide details and key issues? 3 Case for Change What is the objective of the Project. What do you aim to 16 Risks, Constraints & Copy of Risk Register for whole project (or minimum list achieve? Why do it? Dependencies of key risks identified and rated). Assignment of risk to owners/how being managed. 4 Strategic Fit/Strategic Project fit withEDF priorities (jobs & business rate Policy Context/ Context growth)/SEP/EU CIF/JLTP/Core Strategies/other relevant 17 State Aid Is this an issue/has this been checked? Confirm that within EDF strategic documents state aid issues have been addressed & either a 'no aid' position or a compliant position has been established 5 Rationale for Public Market Failure, Public Highways, Public Good, Public Sector Intervention Service, Public Realm etc 18 Design/Specification Identify design team. Provide scale drawings (architect, Information engineer etc) project design relevant to current design 6 Options Appraisal What options have been considered to fund this project stage reached. Provide copies of all reports (feasibility & why not progressed? What options for the project have studies, TAs EIAs etc) been considered (include do nothing/do minimum). Why preferred option selected? 19 Procurement Procurement routes/strategies for all stages of project including design team and contractor procurement. Type 7 Economic Appraisal Forecast of the totaL costs & benefits of the project over of contract to be used or envisaged to be used. Ojeu (Economic justification its asset life including basis and assumptions in any required? Phasing of works/delivery? for the project) a) NPV Benefit to Cost Ratio (BCR) appraisal. (If identified costs b) Additionality of & benefits cannot be quantified please provide 20 Diversions/Power Major services diversions or power upgrades to be Intervention/Outcomes narrative): Upgrades etc identified c) Forecast Return on BCR 21 Sustainability Ceequal, Breeam, Green Travel etc. Identify any targets Investment in relation GVA – Additional jobs/productivity Considerations for project to BRG & EDF if Employment land released/served 22 Evaluation Provide proposal for evaluation minimum – Yrs 1 and 6 applicable Land protected after PC Acceleration Explain how delivery will drive business rate growth into the EDF Identify if any outputs are to be shared 8 Use of Funding/Spend Clear explanation of what the spend (to be repaid via GUIDE NOTES: a full Business Case required for projects d brg = Business Rate Growth Profile EDF/LGF/other) will pay for (specific costs). Forecast identified by LEP as having Programme spend profile. Other funders. This template is to guide UAs on the Entry status. e bcr = BenefitC ost Ratio – used to Clearly confirm the exact amount (£) required from EDF/ information to be provided for Full Business summarise the overall value for money LGF/other and when payback is expected to start based Case assessment – The LEP will work with b schemes should maximise economic of a project on PC of the Project (Month/Year) the UA's and agree a programme for Full returns generally deemed to be job f nPV = Net Present Value – used to show Borrowing Evidence UA secured borrowing. Council Approval of Business Case submission for assessment growth, private sector investment and 9 and these should only be made when the gross value added. If these economic the difference between the present Requirements (inc for project and in UA Capital Programme. Business Rate value of the future cash flows from revenue services) & Retention (Growth) expected to be generated by project. LEP have agreed the projects have been returns are realised they will lead to sufficiently developed and request accelerated and/or additional business an investment and the amount of Business Rate Retention Details of any local discretionary business rate relief to investment Forecast be provided. submission. rate growth. g gVA = Gross Value Added – the total 10 Project Governance How will the Project be governed? How is the project to c business cases will be assessed by the be delivered, by whom and identify key team members/ Investment Board and then value of the project produced through organogram. recommendations made to the LEP theeconomic activity in any particular period 11 Cost Information Breakdown of whole project costs including spend to Board to confirm support or reject. date, fees, acquisition costs,Enabling Works, build, fit (An Independent Economic Appraisal h the Business Case information provided out, VAT, contingency/risk allowances. Where costs from may be carried out to support LEP must be sufficiently developed so that – QS/Eng/in house? Anticipated cost stage RIBA stage decision if considered appropriate/ the design and costs are robust and the D/E or similar (Detailed Design Stage) necessary) project has been progressed to a stage where no forseen risks should be able 12 Programme Timeline setting out in detail the programme for the whole project including all key milestones such as to delay or stop the project. acquisitions, planning, design work, procurement, enabling works, power upgrade, services diversions, build phase of works etc and clear delivery/PC date. Acknowledgements Design Steers McGillan Eves 01225 465546 KPMG Provided support and advice to the development of our SEP and programme of interventions Full details of the WE LEP Strategic Economic Plan can be found at www.westofenglandlep.co.uk/ strategicplan

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